Stacy's Dress Shop received a $1,230 invoice dated July 26 with 4/10, 3/15, n/60 terms. On August 09, Stacy's sent a $260 partial payment. (If more than one discount, assume date of last discount)
a. What credit should Stacy's receive? (Round your answer to the nearest cent.)
Credit $
b. What is Stacy's outstanding balance? (Round your answer to the nearest cent.)
Outstanding balance $