Question: On January 1 0 , 2 0 2 4 , The Best Clothes Company ( Best ) purchased 1 3 0 suits from NewHampshire Clothing

On January 10,2024, The Best Clothes Company (Best) purchased 130 suits from NewHampshire Clothing Company (New), The sults were purchased at the price of $240 per suit fora total purchase of $31,200 with the terms 1.75/8, n/28. On January 12,2024, Best returned 13suits because they were the wrong color, Best received a full refund for the return. On January14,2024, Best complained to New that the delivery date was 90 days late. After discussions,New save Best a purchase allowance in the amount of $8800.
Requirements: answer each of the following scenarios as if they are independent of each other
(A) Scenario #1-(a) if Best pays the full amount that it owes at the end of the DiscountPeriod, how much will they owe? (b) What would be the amount of the discount that
Best would be allowed to take?
(B) Scenario #2-(a) if Best makes a partial amount of 60% that it owes at the end of theDiscount Period, how much will they owe? (b) What would be the amount of thediscount that Best would be allowed to take?

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