1 - Breakaway Limited is a merchandiser of an electronic equipment Breakaway Limited acquires merchandise from a range of suppliers from around the world, Breakaway Limited sells the merchandise to various electronic stores throughout the UAE. On May 10, 2021 Breakaway Limited purchased 20,000 units of electronic equipment on credit from Shady Manufacturing Limited for $120,000. The credit terms for this purchase were 3/12, 6/45 On May 16, 2021 Breakaway Limited sold half of the merchandise acquired on May 10 to Poor and Poor Electronics Partners, an operation based in RAK. The sale, valued at $102,000, was on credit with the agreed terms of 5/10, n/30, On May 19, 2021 Breakaway Limited returned 5,000 units from the purchase on May 10 to Shady Manufacturing Limited On May 21, 2021 Breakaway Limited paid the full outstanding balance owing to Shady Manufacturing Limited, On May 23, 2021 Breakaway Limited received a cheque from Poor and Poor Electronic Partners with a note stating the payment was for quarter of the merchandise acquired on May 16, and that the outstanding balance would be paid on June 1, 2021. Required: Assume Breakaway Limited uses the periodic inventory system and prepares financial statements on a monthly basis. For the month of May, how much sales discount did Breakaway Limited record for the month of May? Select one: a $1,275.00 b. $765.00 c. $1,530,00 d. $5,100.00