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Arctic Adventures purchases merchandise from a supplier on credit, terms 1 1 0 , n 3 0 for an amount of $ 5 , 7

Arctic Adventures purchases merchandise from a supplier on credit, terms 110,n30 for an amount of $5,700. Artic hopes to eventually sell the merchandise to a customer at a price of $10,400. When recording the purchase transaction in its purchases journal, what amount would Arctic enter into its Inventory Dr. column?
$10,400.
$10,296.
$4,700.
$5,700.
$0.
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