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ABC Company uses a perpetual inventory system. The company purchases $ 5 , 0 0 0 of inventory on account with credit terms of 2

ABC Company uses a perpetual inventory system. The company purchases $5,000 of inventory on account with credit terms of 2/10, n/30 on June 1 and makes payment for the purchase on June 9. The company pays $50 in freight costs to receive the inventory. What is the amount of the change in ABC's total inventory (an asset) as a result of this purchase?
Group of answer choices
$5,050 increase
$4,950 increase
$5,150 increase
$4,850 increase
$0 increase

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