Question: Word Problem 11-40 (Static) [LU 11-2 (2)] Vail Ski Shop received a $1,201 invoice dated July 8 with (2)/(10),(1)/(15),(n)/(60) terms. On July 22 , Vail

Word Problem 11-40 (Static) [LU 11-2 (2)]\ Vail Ski Shop received a

$1,201

invoice dated July 8 with

(2)/(10),(1)/(15),(n)/(60)

terms. On July 22 , Vail sent a

$485

partial payment.\ Required:\ a. What credit should Vail receive?\ Note: Round your answer to the nearest cent.\ Answer is complete but not entirely correct.\ \\\\table[[Credit,

$1,201.00ox

$Word Problem 11-40 (Static) [LU 11-2 (2)]\ Vail Ski Shop received$

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