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Assume Anderson's General Store bought, on credit, a truckload of merchandise from American Wholesaling costing $23.300 If Anderson's paid National Trucking $680 cash for transportation,

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Assume Anderson's General Store bought, on credit, a truckload of merchandise from American Wholesaling costing $23.300 If Anderson's paid National Trucking $680 cash for transportation, immediately returned goods to American Wholesaling costing $1,200, and then paid American Wholesaling within the 2/30, n/60 purchase discount period. How much did this inventory cost Anderson's? Assume Anderson's uses a perpetual inventory system. Answer is complete but not entirely correct. Inventory Cost 22,632

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