Jones Company on June 15 sells merchandise on account to Bullock Co. for \(\$ 1,000\), terms \(2 / 10, \mathrm{n} / 30\). On June 20 Bullock Co. returns merchandise worth \(\$ 300\) to Jones Company. On June 24 payment is received from Bullock Co. for the balance due. What is the amount of cash received?

(a) \(\$ 700\)

(c) \(\$ 686\)

(b) \(\$ 680\)

(d) None of the above