a. $33,800 b. $47,000 c. $47,800 d. $33,000 ses the perpetual method for inventory and records purchases at s. In 20X4, it has total merchandise purchases of $324,000. It returns 619.000 of the merchandise for full credit and receives $7,000 in allowances from its vendors for defective merchandise and takes cash discounts of $1,000. The net cost of RiCo's 20x4 merchandise purchases b. $305,000 c. $324,000 d. $298,000 a. $297,000