1)
Last day to avail discount will be 10 days from the invoice date I.e 17th January
Therefore the date will be 26th January.
2)
Amount due
Refrigerator
Invoice price
=( 1,000 - 1,000*30% - 1,000*6% )*6
= 3,840
Due amount
= 3,840 - 3,840*3%
= $3,613
Dishwasher
Invoice price
=( 674 - 674*16.67% - 674*12.7% - 674*5%)*4
=( 674 - 112.36 - 85.60 - 33.70 )*4
= $1,769.36
Due amount
= 1,769.36 - 3%*1,769.36
= $1,716.28
Therefore total
= 1,716.28 + 3,613
= $5,329.28
3)
Total invoice value
= 3,840 + 1,769.36
= 5,609.36
Amount paid = 5,609.36 - 2,300
= 3,309.36
This amount is already reduced by 3%
= 3,309.36/97%
=$ 3,411.71
Cash Discount
= 3,411.71 - 3,309.36
= $102.35
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