Jasper Corporation uses the periodic inventory system and the net method. On February, it purchased $40,000 of inventory with terms 2/10, n/30. On February 4, Jasper returned goods costing $6,000. On February 28, Jasper paid the supplier. On February 28, Jasper should debit

Question 1 options:

	Purchase discounts lost $680.
	Inventory for $680.
	Purchase discounts for $680.
	Purchase discounts for $800.