The net price of goods from Southern Flooring to Jerry's Carpet Outlet is $34,500. The terms are 8/10 EOM. The date of the invoice is October 5th. If the invoice is paid on December 1, what is the cash price?

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1. The net price of goods from Southern Flooring to Jerry's Carpet Outlet is $34,500. The terms are 8/10 EOM. The date of the invoice is October 5th. If the invoice is paid on December 1, what is the cash price?