Ned's Sheds purchases building materials from Timbertown Lumber for $3,700 with terms of 4/15, n/30. The invoice is dated October 17. Ned's decides to send in $2,000 partial payment.

Question 1:By what date must the partial payment be sent to take advantage of the cash discount?

Question 2: What is the net date?

Question 3: If partial payment was sent by the discount date, what is the balance still due on the order?