On July 2, Purchase Co. purchased from Sales Co. merchandise inventory on account for $15,000 with credit terms of 2/10, n/30. The merchandise had a cost of $10,000 to Sales Co. On July 5, Purchase Co. returned $3,000 of the merchandise to Sales Co. The cost of the returned merchandise to Sales Co. was $2,000. On July 10, Purchase Co. paid Sales Co. the amount due. Both Purchase Co and Sales Co. use the periodic inventory system. The Purchase Co. journal entry to reflect the payment will include: O a credit to Cash of $11,880 O a debit to Purchase Discounts of $240 O a credit to Cash of $15,000 O a debit to Accounts Payable of $14,700 O a credit to Cash of $11,760