Travelli Co sold merchandise to Trapani Co on account, $17,000, terms 2/15, net 45 . The cost of the merchandise sold is $15,400 . Tavella Co issued a credit memo for $1,750 for merchandise returned that originally cost $1,400 . The Trapani Co paid the invoice within the discount period. What is amount of net sales from the above transactions?
a. $17,000
b. $14,945
c. $15,250
d. None of these choices
b
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Indicate whether the statement is true or false.