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A retailer purchases merchandise with a retail price of $5,000. The retailer receives a 40% trade discount and credit terms of 1/10, n/30. What amount

A retailer purchases merchandise with a retail price of $5,000. The retailer receives a 40% trade discount and credit terms of 1/10, n/30. What amount should the retailer debit to the Merchandise Inventory account?

a-$5,000

b-$3,000

c-$4,000

d-$2,000

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