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19. Purple Corp. purchased $10,000 of merchandise on June 3, subject to the terms, 2/10, n/30. On June 9, it pays for all the merchandise

19. Purple Corp. purchased $10,000 of merchandise on June 3, subject to the terms, 2/10, n/30. On June 9, it pays for all the merchandise purchased on June 3. As a result of making the payment within the discount period, it reduces its:

A) Accounts Payable by $9,800.

B) Net income by $200.

C) Stockholders' equity by $200.

D) Inventory by $200.

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