A company purchased inventory for $700 per unit. The company later sold one unit of the inventory for cash of $2400. Under the perpetual inventory system, which accounts will be debited to record the sale? O Cash, $2400; Inventory, $700 O Cash, $2400; Inventory, $1700 O Cash, $2400; Cost of Goods Sold, $700 O Cash, $2400; Cast of Goods Sold, $1700 O None of the above