A company purchased inventory for $70,000 from a vendor on account, FOB shipping point, with terms of 2/10, n/30. The company paid the shipper $1,700 cash for freight in. The company paid the vendor nine days after the invoice date. If there was no beginning inventory, the cost of inventory would be . (Assume a perpetual inventory system.) O A. $70,300 O B. $66,900 OC. $68,300 OD. $71,700 Click to select your answer. 2