Assume the perpetual inventory method is used. 1) Glen Company purchased merchandise inventory that cost $8,900 under terms of 2/10,n/30. 2) Glen made payment to the supplier within the discount period. 3) All of the goods were sold to customers on account for $18,700. As a result of Glen's three transactions above, the amount of the company's cost of goods sold is Multiple Choice $18.522 o $8.900 oo arch e o P