On March 15, 2016, Ryan Company purchased $10,300 of merchandise on credit subject to terms of 2/10, n/30. Ryan Company records its purchases using the gross amount. The periodic inventory system is used. Which of the following journal entries is correct when Ryan Company pays for these goods on March 30, 2016?

Accounts payable 10,300

Cash 10,300

Accounts payable 10,300

Cash 10,094

Purchase discounts 206

Accounts payable 10,094

Cash 10,094

Accounts payable 10,094

Purchase discounts 206

Cash 10,300