On February 12,Horseshoe Bend Company Purchases $25,000 of Merchandise from a Vendor

Multiple Choice

On February 12,Horseshoe Bend Company purchases $25,000 of merchandise from a vendor with credit terms of 2/10,n/30.On February 15,Horseshoe Bend Company returns $5,000 of the goods because they are defective.If Horseshoe Bend pays the vendor the full amount due on February 20,the amount of the payment is ________.

A) $25,000
B) $20,000
C) $19,600
D) $18,000