7-33. On August 1. Intel Corp (Problem 7-32) returns $100 of the machinery due to defects. What does Intel pay Bally on August 5? Round to nearest cent. LU 7-2(1) 7-34. Stacy's Dress Shop received a $1,050 invoice dated July 8 with 2/10, 1/15, n/60 terms. On July 22, Stacy's sent a $242 partial payment. What credit should Stacy's receive? What is Stacy's outstanding balance? LU 7-2(2) 7-35. On March 1 1, Jangles Corporation received a $20,000 invoice dated March 8. Cash discount terms were 4/10, n/30. On March 15, Jangles sent an $8,000 partial payment. What credit should Jangles receive? What is Jangles' outstanding balance? LU 7-2(2) 7-36. A used Porsche Macan Turbo starts at a consumer price of $72,300. If a dealership can purchase 10 with a 15/10/5 chain discount, what is the net price for the dealership? LU 7-1(4) 7-37. A local Barnes and Noble paid a $79.99 net price for each hardbound atlas. The publisher offered a 20% trade discount. What was the publisher's list price? LU 7-1(3) 7-38. Rocky Mountain Chocolate Factory (RMCF) founder and president Frank Crail employs 220 people in 361 outlets in the United States, Canada, United Arab Emirates, Japan, and South Korea. If RMCF purchases 20 kilograms of premium dark chocolate at $16.25 per kilo, what is the net price with a 10/5 chain discount? Round to the nearest cent. LU 7-1(1) 7-39. Vail Ski Shop received a $1.201 invoice dated July 8 with 2/10, 1/15, n/60 terms. On July 22, Vail sent a $485 partial payment. What credit should Vail receive? What is Vail's outstanding balance? LU 7-2(2) 7-40. True Value received an invoice dated 4/15/20. The invoice had a $5,500 balance that included $300 freight. Terms were 4/10, 3/30, n/60. True Value pays the invoice on April 29. What amount does True Value pay? LU 7-1(1, 2) 7-41. Marriott Hotels purchased seven iRobot Roomba i7+ for $850 each. It received a 15% discount for buying more than five and an additional 6% discount for immediate delivery. Terms of payment were 2/10, n/30. Marriott Hotels pays the bill within the cash discount period. How much should the check be written for? Round to the nearest cent. LU 7-1(4) 7-42. On May 14, Talbots of Boston sold Forrest of Los Angeles $7,000 of fine clothes. Terms were 2/10 EOM FOB Boston. Talbots agreed to prepay the $80 freight. If Forrest pays the invoice on June 8, what will Forrest pay? If Forrest pays on June 20, what will Forrest pay? LU 7-1(2), LU 7-2(1) 7-43. Sam's Snowboards.com offers 5/4/1 chain discounts to many of its customers. The Ski Hut ordered 20 snow- boards with a total list price of $1,200. What is the net price of the snowboards? What was the trade discount amount? Round to the nearest cent. LU 7-1(4)