Presented below is information from Metlock Computers Incorporated. July 1 Sold $22,600 of computers to Robertson Company with terms 3/15, n/60. Metlock uses the gross method to record cash discounts. Metlock estimates allowances of $1,334 will be honored on these sales. 10 Metlock received payment from Robertson for the full amount owed from the July transactions. 17 Sold $256,100 in computers and peripherals to The Clark Store with terms of 2/10, n/30. 30 The Clark Store paid Metlock for its purchase of July 17.