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10:14 0 ... 10.30 0:59:36 On December 15, 2019, Flanagan Com purchased goods costing P100, 000. The term was FOB shipping point. Costs incurred by

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10:14 0 ... 10.30 0:59:36 On December 15, 2019, Flanagan Com purchased goods costing P100, 000. The term was FOB shipping point. Costs incurred by the entity in connection with the purchase and delivery of the goods were as follows: Normal freight charge 3,000 Handling cost 2,000 Insurance on shipment 500 Abnormal freight charge for express shipping 1,200 The goods were received on December 17, 2019. What is the amount that should be charged to inventory and expense respectively? O A) 3,000 and 3,700 B) 5,000 and 1,700 C) 5,500 and 1,200 D) 6,700 and 0 E) None of these D

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