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A sales invoice included the following information: merchandise price, $2,100; terms 1/10, n/eom; FOB shipping...

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Accounting

A sales invoice included the following information: merchandise price, $2,100; terms 1/10, n/eom; FOB shipping point with prepaid freight of $521 added to the invoice. Assuming that a credit for merchandise returned of $400 is granted prior to payment and that the invoice is paid within the discount period, what is the amount of cash that should be received by the seller?

a. $2,100

b. $400

c. $2,595

d. $2,204

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