Use the following to answer questions 1 – 5 For the next few weeks TJ Agency is offering a 20% trade discount when providing advertising services of $30,000 or more to its customers to encourage...

Extracted text: Use the following to answer questions 1 – 5 For the next few weeks TJ Agency is offering a 20% trade discount when providing advertising services of $30,000 or more to its customers to encourage customers to buy more advertising. The Agency also offers 2/10, n30 on all credit sales. All credit sales are invoiced at the end of the month. The Agency provided the following services this month; amounts are shown BEFORE trade discounts have been deducted. Remember, all sales and services are recorded at the agreed upon price. • Designs a $50,000 ad campaign for Customer A– on account- pays in 30 days • Designs a $75,000 ad campaign for Customer B– on account- pays within 10 days • Designs a $20,000 ad campaign for Customer C- account- pays within 10 days on • Designs a $10,000 ad campaign for Customer D– received payment last month 1. $ What amount of Service revenue should the Agency record for Customer A? 2. $ What amount of Service revenue should the Agency record for Customer B? 3. 2$ Customer B pays within 10 days, how much will they pay? 4. Determine the monthly Service revenue for the Agency 5. Determine the Agency's Net service revenue for the month