Water Works Pool Supply, Inc., purchased inventory for $2,700 and also paid $70 freight to have the

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Water Works Pool Supply, Inc., purchased inventory for $2,700 and also paid $70 freight to have the inventory delivered. Water Works Pool Supply, Inc., returned $125 of the goods to the seller and later took a 3% purchase discount. What is the final cost of the inventory that Water Works Pool Supply, Inc., kept? (Round your answer up to the next whole number.)

a. $2,645

b. $2,566

c. $2,498

d. $2,568 AppendixLO1

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Financial Accounting

ISBN: 9781292019543

3rd Global Edition Edition

Authors: Robert Kemp, Jeffrey Waybright, Pearson Education

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