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JDS purchased inventory with an invoice price of $22,000 and credit terms of 1/10, n/15. A day later, JDS returned $2,000 in inventory to its

JDS purchased inventory with an invoice price of $22,000 and credit terms of 1/10, n/15. A day later, JDS returned $2,000 in inventory to its supplier. How much cash will JDS pay if they pay within the discount period?

Select one:

a.

$21,780

b.

$22,000

c.

$20,000

d.

$19,800

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