Question Five a. Edith recently opted to join the retail business by operating a computer shop to cater the growing demand for online job applications among university students and graduates. As a starting point, Edith bought a desktop for K5000 and subsequently incurred operating expenses of 5% based on cost. Suppose Edith wishes to have a net profit of 15% based on cost, find: (i) The selling price (ii) The Total Mark-up The Breakeven Price (iv) Suppose Edith sold the desktop at 17% markdown, find new selling price and total net profit. b. Assume you purchase goods with a net price of K471.78 and the invoice is dated October 5 with terms of 4/20, n/45. Determine The cash discount (ii) The net amount due if paid within the discount period (iii) The last day of the discount period, and (iv) The last day of the credit periodet payment date. c. Suppose Ms Sheillah purchased shoes for K57.75 that were marked up 45% of the regular selling price. Ms Sheillah's overhead expenses were 28% of the regular selling price, and when the shoes went out of fashion, they were marked down 40%. i. What was the sale price of the boots? ii. How much was the operating profit or loss as a result of the sale? d. Three invoices with terms 3/10,5/20, and n/60 are paid on November 15. The invoices are for K706 dated September 30, K586 dated October 26, and K645 dated November 7. What is the total amount paid