Jackson Company reported the following information relating to its inventory for 2020: sales revenue ............................. $427,000 freight-out ............................... 10,980 purchase returns .......................... 16,590 beginning inventory ....................... 55,000 purchases ................................. 392,800 gross profit .............................. 96,250 freight-in ................................ 11,730 sales returns & allowances ................ 15,000 purchase discounts ........................ ? Jackson Company reported an inventory turnover ratio of 4.21 for 2020. Calculate the amount of purchase discounts reported by Jackson Company during 2020.