Roco Industries purchased $10,000 of merchandise on February 1, 2020 with credit terms of 210./60. It returned $2,500 worth of merchandise on February 4 Roco uses the periodic inventory system and net method for recording purchase discounts. Assume Roco paid its invoice on March 9. What is the effect of the entry to record the payment on March 9 on Roco's assets, liabilities and equity, respectively? Multiple Choice Decrease, No effect, Decrease O Decrease Decrease No effect O No effect, increase Decrease O Decrease Decrease Detro O