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Assume the following data concerning a purchase of merchandise by Icon Co. on April 2: April 2. Purchased $4,000 of merchandise on account from Gamma

Assume the following data concerning a purchase of merchandise by Icon Co. on April 2:

April 2.Purchased $4,000 of merchandise on account from Gamma Co., terms 2/10, n/30.
4.Returned $2,000 of the merchandise purchased on April 2.
12.Paid for the purchase of April 2 less the return and discount.


The purchase amount that Icon Co. would record on April 2 would be


$3,200.

$3,920.

$4,000.

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