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Cosmos Company on July 1 5 sells merchandise on account to Cajon Co . for $ 6 , 0 0 0 , terms 2 /

Cosmos Company on July 15 sells merchandise on account to Cajon Co. for $6,000, terms 2/10, n/30. On July 20 Cajon Co. returns merchandise worth $1,000 to Cosmos Company. On July 24 payment is received from Cajon Co. for the balance due. What is the amount of cash received?
Select one:
a. $4,800
b. $5,000
c. $6,000
d. $4,900

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