On November 10 of the current year, Flores Mills sold carpet to a customer for $8,000 with credit terms 2/10, n/30. Flores uses the gross method of accounting for sales 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		7,840
  Sales discounts revenue		160

• Cash	8,000
  Accounts receivable		7,840
  Interest revenue		160

• Cash	8,160
  Accounts receivable		8,000
  Sales discounts forfeited		160

• Cash	8,000
  Accounts receivable		8,000