City Cellular purchased $28,900 in cell phones on April 25. The terms of sale were 4/20, 3/30, n/60. Freight terms were F.O.B. destination. Returned goods amounted to $650. What is the net amount due if City Cellular sends the manufacturer a partial payment of $5,000 on May 20?

$22,552.50

$23095.36

To calculate the net amount due, we need to find the remaining balance after deducting the partial payment and any applicable discounts or returns. Let's break down the steps:

1. Start with the purchase amount: $28,900
2. Deduct returned goods: -$650
The net amount after deducting returned goods is $28,900 - $650 = $28,250.
3. Calculate the remaining balance after the partial payment on May 20: $28,250 - $5,000 = $23,250.

Now, let's determine the payment terms and any applicable discounts:

- Terms: 4/20, 3/30, n/60

4/20: This means that if the payment is made within 20 days, a 4% discount can be applied.
3/30: This means that if the payment is made within 30 days, a 3% discount can be applied.
n/60: This means that the net amount is due within 60 days, without any discount.

5. Determine how the payment falls within the terms:
- The partial payment of $5,000 was made on May 20, which is within 20 days of the purchase date (April 25). Therefore, the 4% discount can be applied.

Now, let's calculate the discount:

- Apply the 4% discount on the partial payment of $5,000: $5,000 x 0.04 = $200

6. Subtract the discount from the remaining balance after the partial payment:
$23,250 - $200 = $23,050

Therefore, the net amount due is $23,050.