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A business purchased merchandise at the cost of $15,000 on terms of 1/10 n/45 FOB...

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Accounting

A business purchased merchandise at the cost of $15,000 on terms of 1/10 n/45 FOB shipping point. Afterwards, it returned $1,000 of inventory to its supplier. If the business paid within the discount period, how much did it pay to its supplier?

Select one:

a.

$13,860

b.

$15,000

c.

$14,460

d.

$14,800

e.

$13,420

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