Reference no: EM132240417
Question - On July 1 Anne teak's knick knack store has 55 lamps in its inventory, which cost $110 per lamp to purchase. During the month, it reports only the following transactions:
July 3: Purchase 21 lamps from Shanda Lear's lighting store at $126 per lamp, with terms 4/8, net 12
July 7: Purchase 38 lamps from Floral and hardy designs at $208 per lamp, with terms 3/15, net 25
July 10: returns 3 lamps to Shanda Lear's lighting store which it accepts
July 13: Floral and hardy designs grants an allowance for 5 lamps which were damaged
July 15: pays the correct balance to Shanda lear's lighting store
July 21: Pays the correct balance to Floral and Hardy designs
What is the correct amount of the check Anne Teak's Knick Knack Store wrote to Shanda Lear's Lighting store on July 15?