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ABC Inc purchased $9,000 inventory during the month of November from CDE Co. CDE applied a credit for a return of previously purchased inventory

ABC Inc purchased $9,000 inventory during the month of November from CDE Co. CDE applied a credit for a return of previously purchased inventory for $400. ABC paid for the shipping and transport insurance; $300 and $75 respectively. What amount will ABC record for the November inventory purchase? $8,325 $8,975 $8,600 $8,875 $9,000

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