points) Piper Company sells marchandise on account for $1,000 to Morton Company with credit t of 2/10, n/30. Horton Company returns $600 of marchandise that was day, along with a check to settle the account within the discount period. What antry does Piper Company wa upon receipt of the check? 1) a. Cash 1,200 Accounts Receivable 1,200 b. Cash 2) 1,176 Sales Returns and Allowances Accounts Receivable 624 1,800 c. Cash 3) 1,176 Sales Returns and Allowances Sales Discounts 600 24 Accounts Receivable 1,800 d. Cash 1,764 4) Sales Discounts 36 Sales Returns and Allowances 600 Accounts Receivable 1,200 stion 4 (4 points)