Norfold Sporting Goods purchases merchandise with a catalog list price of \$30,000 . The retailer received a 30 % trade discount and credit terms of 2/10 n / 30 . What amount should Norfolk debit to the Merchandise Inventory account ?

4 Norfold Sporting Goods purchases merchandise with a catalog list price of $30,000. The retailer received a 30% trade discount and credit terms of 2/10, n/30. What amount should Norfolk debit to the Merchandise Inventory account? $20,580