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2 M6-5 (Algo) Evaluating Inventory Cost Components (LO 6-3] 10 points Assume Anderson's General Store bought, on credit, a truckload of merchandise from American Wholesaling

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2 M6-5 (Algo) Evaluating Inventory Cost Components (LO 6-3] 10 points Assume Anderson's General Store bought, on credit, a truckload of merchandise from American Wholesaling costing $25,000. 1 Anderson's paid Notional Trucking $850 cash for transportation, immediately returned goods to American Wholesaling costing $1,100, and then paid American Wholesaling within the 130, 1/60 purchase discount period. How much did this inventory cost Anderson's? Assume Anderson's uses a perpetual Inventory system Inventory Cout

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