Question: Vail Ski Shop received a $1,222 invoice dated July 29 with 3/10, 2/15, n/60 terms. On August 12, Vail sent a $506 partial payment a.

Vail Ski Shop received a $1,222 invoice dated July 29 with 3/10, 2/15, n/60 terms. On August 12, Vail sent a $506 partial payment a. What credit should Vail receive? (Round your answer to the nearest cent.) Credit $ 10.12 b. What is Vail's outstanding balance? (Round your answer to the nearest cent.) Outstanding balance $ 705.88

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