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6. Caps Co., a store that sells baseball hats received a shipment of inventory. The purchase price of inventory is $2,000, a bulk discount of

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6. Caps Co., a store that sells baseball hats received a shipment of inventory. The purchase price of inventory is $2,000, a bulk discount of 40% off was received, the shipping charges were $200, and the import duties were $140. What is the total cost of inventory? 2 MARKS

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