Complete the following by calculating the cash discount and net amount paid:

(If more than one discount, assume date of last discount.)

Gross amount of invoice (freight
charge already
included)

Freight
charge

Date of
invoice

Terms of
invoice

Date of
payment

Cash
discount

Net amount paid
$950 None 8/8 3/10, 2/15, n/30 8/22 $53selected answer incorrect $897selected answer incorrect