Question: . Mayfair Distributors sent Bed 'n Bath an invoice dated December 23 for $5 344.90 with terms 2/10. 1/20, n/30. The penalty on - l

. Mayfair Distributors sent Bed 'n Bath an invoice dated December

. Mayfair Distributors sent Bed 'n Bath an invoice dated December 23 for $5 344.90 with terms 2/10. 1/20, n/30. The penalty on - l overdue accounts IS 1 % of the overdue balance. 2 a. What is the balance after a payment of $3000 on January 3'? b. What additional payment on January 30 will settle the account

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