On the first of the month, a company sells $100 of merchandise on account with terms of 2/10, n/30. On the third day of the same month, the customer returns merchandise with an invoice price of $20. On the tenth day of the same month, the customer pays the company. What journal entry will the company record it receives the customer's payment? $78.40 debit to Cash, $1.60 debit to Sales Discounts, and $80.00 credit to Accounts Receivable O $100 debit to Cash and a $100 credit to Accounts Receivable $98.00 debit to Cash, $2.00 debit to Sales Discounts, and $100.00 credit to Accounts Receivable $78.40 deb it to Cash, $1.60 debit to Purchase Discounts, and $80.00 credit to Accounts Payable $78.40 debit to Cash $1.60 debit to Sales Discounts, and $80.00 credit to Accounts Payable