Q13 "read each question carefully as, subtle changes could exist in similar appearing fact patterns* On December 22, 20X1. Buyer Company placed an order to purchase merchandise with payment terms of 3/10,n/30. The goods were listed by Seller in the company's catalog at a selling price of $22,000. The goods were originally carricd on Seller's balance sheet at a historical cost of $8,000. Buyer obtained a 5% trade discount. Seller shipped the goods to Buyer on December 28 th with shipping terms of FOB Destination and \$1,100 of prepaid freight. The goods arrived at Buyer's facility on January 3, 20X2. Buyer returned 54,000 of goods on this same day and paid the balance due to Seller on January 4,20X2. "returned umits had an original cast to Seller of $1,600 How much cash was exchanged on January 4,202 to settle the account in full