Dave sells goods to Peter on credit. On 1 April, Peter owed Dave $\$440$. Over the course of April, Dave handled the following documents: April 7: invoice raised $\$360$ April 12: cheque received (after Peter took off $\$11$ cash discount) $\$429$ April 13: debit note received $\$50$ April 15: credit note issued $\$50$ What closing balance was shown on the statement of account that Dave sent to Peter on 30 April?
- A$\$260$
- B$\$310$
- C$\$321$
- D$\$421$