Dublin, Inc. uses the periodic inventory system. On February 1, the corporation purchased inventory on account for $16,000. The terms were 5/10,n/30. On February 2, it returned damaged goods worth $500 to the supplier. Give the journal entry for the payment if the invoice is paid after the discount period. (Round your answers to the nearest dollar.) A. Cash 16,000 Accounts Payable 16,000 B. Accounts Payable Cash 16,000 Purchase Discounts C. Cash 15,200 800 Purchase Discounts Accounts Payable 16,000 D. Accounts Payable 15,500 Cash 15,500