10. On April 2, Kelvin sold $40,000 of inventory items on credit with the terms 1/10, net 30. Payment on $24,000 sales was received on April 8 and the remaining payment on $16,000 sales was received April 27. Assuming Kelvin uses the net method of accounting for sales discounts, the entry recorded on April 27 would include a: a. Debit to cash for $15,840 b. Debit to revenue for $40,000 c. Credit to sales discounts forfeited for $160 d. Debit to accounts receivable for $400