Lamcy Company, a manufacturer of electric equipment, sold 200 units to Radius Company on November 17, 2019. The units have a list price of $400 each, but Radius was given a 30% trade discount. The terms of the sale were 2/10, n/30.

Assume that Lamcy Company uses gross method of accounting for cash discount. Radius Company made payment on November 26, 2019. Which of the following should be true on November 26, 2019?

A. Cash Debit $56,000

B. Sales discount Debit $840

C. Sales discount Debit $1,120

D. Sales discount Credit $840