Question: This invoice was originally dated April 30, 2020. It has payment terms of 5/10, 2/30 and n/60. The company purchasing the routers has agreed to

This invoice was originally dated April 30, 2020. It has payment terms of 5/10, 2/30 and n/60. The company purchasing the routers has agreed to make a cash payment of $13110 on May 1

final total amount 241.13

credited amount to the account - 12454.5

Using your solution for the total amount of the invoice along with the credited amount for the cash payment made, what is the outstanding balance owing, if any? SHOW YOUR VALUES USED AND THE CALCULATIONS TO ACHIEVE THE FINAL SOLUTION BELOW. After your calculations please also provide the last date for which each of the discounts would apply.

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