On November 10 of the current year, Flores Mills sold carpet to a customer for $8,000 with credit terms 3/10, n/30. Flores uses the gross method of accounting for cash discounts.

What is the correct entry for Flores on December 5, assuming the correct payment was received on that date?

Cash	8,000
Accounts receivable		7,760
Interest revenue		240

Cash	8,000
Accounts receivable		7,760
Discounts revenue		240

Cash	8,240
Accounts receivable		8,000
Interest revenue		240

Cash	8,000
Accounts receivable		8,000