On May 12, Scott Rinse accepted $8,000, 12%, 90-day note for time extension of bill for goods bought by Ron Prentice. On June 12, Scott discounted the note at Able Bank at 10%. What proceeds does Scott receive?
Select one:
a. $8,135.04
b. $8,240
c. $8,104.96
d. $7864.96