Sarak Inc. purchased inventory from the Horta Co. on credit on January 1, 2017. The company signed a six-month non-interest-bearing note payable for $12,000. The note is to be discounted at 8 percent with payment due on June 30, 2017. Which one of the following will be an entry recorded by Sarak on June 30, 2017? A. Debit Discount on STNP $480 B. Debit Inventory $12,000 C. Debit Discount on STNP $960 D. Credit STNP $11,520