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A company purchased inventory for $2,500 from a vendor on account, FOB shipping point, with terms of 2/10, n/30. The company paid the shipper $200

A company purchased inventory for $2,500 from a vendor on account, FOB shipping point, with

terms of 2/10, n/30. The company paid the shipper $200 cash for freight in. The company then returned

damaged goods worth $400. The invoice was then paid eight days after the invoice date. Assuming that

there was no beginning inventory balance, the cost of inventory would be ________. (Assume a

perpetual inventory system.)

A) $2,058

B) $2,258

C) $2,300

D) $2,450

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