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5. Jake's Market recorded the following events involving a recent purchase of merchand Received goods for $60,000, terms 2/10, n/30. Returned $1,200 of the shipment
5. Jake's Market recorded the following events involving a recent purchase of merchand Received goods for $60,000, terms 2/10, n/30. Returned $1,200 of the shipment for credit. Paid $300 freight on the shipment. Paid the invoice within the discount period. As a result of these events, how much was the company's inventory account increased? $57,624 $58,500 $59,100 $57,918
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