Provide an appropriate response.A dining room set lists for $7,900.00 and carries a trade discount of 25 percent. Freight (FOB Shipping Point) of $75.00 is not part of the list price. The net price of the dining room set including freight, assuming a cash discount of 4 percent, is:
A. $7,659.00
B. $7,975.00
C. $7,656.00
D. $5,763.00
Answer: D
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