Vaughn Company on July 15 sells merchandise on account to Cullumber Co. for $5800, terms 2/10, n/30. On July 20 Cullumber Co. returns merchandise worth $3300 to Vaughn Company. On July 24 payment is received from Cullumber Co. for the balance due. What is the amount of cash received? $5800 $2120 $2500 $2450

Vaughn Company on July 15 sells merchandise on account to Cullumber Co. for $5800, terms 2/10,n/30. On July 20 Cullumber Co. returns merchandise worth $3300 to Vaughn Company, On July 24 payment is received from Cultumber Co. for the balance due What is the amount of cash received? \begin{tabular}{|} $5800 \\ $2120 \\ $2500 \\ \hline$2450 \\ \hline \end{tabular}