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Fairview Clinic buys $600,000 in medical supplies each year (at gross prices) from its major supplier, Consolidated Supplies, which offers the clinic terms of 4/10,

Fairview Clinic buys $600,000 in medical supplies each year (at gross prices) from its major supplier, Consolidated Supplies, which offers the clinic terms of 4/10, net 30. What is Fairview Clinics's costly trade credit?

A. $32,000

B. $48,000

C. $40,000

D. $25,000

E. $27,000

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