2. Required For each of the following events, determine the amount of freight paid by Tom's Part House. Also indicate whether the freight cost would be classified as a product or period (selling and administrative) cost. (Select "NA" if there is no effect on the "Classification".) a. Purchased inventory with freight costs of $500. The goods were shipped FOB shipping point. b. Sold merchandise to a customer. Freight costs were $800. The goods were shipped FOB shipping point. c. Purchased merchandise inventory with freight costs of $1,400. The merchandise was shipped FOB destination d. Shipped merchandise to customers, freight terms FOB destination. The freight costs were $300. EventFreight Freight . , classification Costs Paid a. b. C. d