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On January 15, Acme Wholesale Company sells merchandise on account to Jones Associates for $5,000 with terms 3/10,n/30. On January 20 , Jones returns $1,000

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On January 15, Acme Wholesale Company sells merchandise on account to Jones Associates for $5,000 with terms 3/10,n/30. On January 20 , Jones returns $1,000 of this merchandise to Acme. On January 24 , payment is recelved from Jones for the balance due. What is the amount of cash received? $3.880 $3,850 $2.800 $4,000

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