2) inventory $42.000 and ending inventory is $84,000. Cost of goods sold is $500,000. What the cost of Goods Available for sale S000 234.000 O 3616.000 O SEX 000 19 FOS shipping point means that the A Seller normally pays the transportation costs B) Buyer normally pays the transportation costs. C) Buyer and the seller split the shipping costs. Dj Seller normally pays the transportation costs and claim the money from the buyer. 20 Michelin Jewelers completed the following transactions. Michelin Jewelers uses the perpetual inventory system. On April 2, Michelin sold $9,000 of merchandise to a customer on account with Terms of 3/15, n/30. Michelin's cost of the merchandise sold was $5,500. On April 4, the customer reported damaged goods and Michelin granted a $270 sales allowance. On April 22, Michelin received payment from the customer. How much cash was received from the customer? A) 58.730 8) 58.000 C) 57,760 D) 58,468