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Coolaid Corporation uses the perpetual inventory method. On May 1 , it purchased $ 2 2 , 0 0 0 of inventory, terms 2 1

Coolaid Corporation uses the perpetual inventory method. On May 1, it purchased $22,000 of inventory, terms 210,n30. On May 3, Coolaid returned goods that cost $2,000. On May 9, Coolaid paid the supplier. On May 9, the company should credit
A purchase discounts for $440
B inventory for $440
C inventory for $400
D purchase discounts for $400
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