For the year ended December 31, 2019, Davidson Mart had sales of $500,000 and cost of goods sold of $375,000. Davidson estimates that approximately 2% of the merchandise sold will be returned. The adjusting journal entry on December 31, 2019, would include a O A. debit to Sales Revenue for $2,500 O B. debit to Cost of Goods Sold for $7,500 O C. credit to Refunds Payable for $10,000 O D. credit to Estmated Returns Inventory for $7,500