What is the net amount of cash received by the seller, Taxation

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Given the following set of facts, what is the net amount of cash received by the seller?

The seller records a credit sale for $1,000.  Shortly after the sale, the buyer returns $250 and the seller credits the receivable by this amount.  The seller also grants a further allowance to the buyer for $100. Finally, the buyer pays within the discount period to take advantage of a 2% discount.


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