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Current Attempt in Progress Sheffield Company sells merchandise on account for $5100 to Pharoah Company with credit terms of 2/10, n/30. Pharoah Company returns $1200 of merchandise that was damaged, along with a check to settle the account within the discount period. What is the amount of the check?
O $3822
O $6822
O $5400
O $4998
The cost of the goods sold was $275,000. The prevailing market interest rate is 10% at the time the note is received. Interest on the note is due annually
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