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What was the amount of the check

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Problem 1: Hale Company sold merchandise on account for P1,500 to Kear Company with credit terms of 2/10, n/30. Freight-out paid for by Hale is P200. Kear Company returned P300 of merchandise that was damaged, along with a check to settle the account within the discount period. What was the amount of the check?

Option 1: P1,176

Option 2: P1,376

Option 3: P1,470

Option 4: P1,476

Reference no: EM132838506

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