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Coronado's Market recorded the following events involving a recent purchase of merchandise using a perpetual inventory system: Received goods for $56000, terms 2/10, n/30. Returned

Coronado's Market recorded the following events involving a recent purchase of merchandise using a perpetual inventory system: Received goods for $56000, terms 2/10, n/30. Returned $1300 of the shipment for credit. Paid $400 freight on the shipment. Paid the invoice within the discount period. As a result of these events, the company's inventory increased by $55100. $54301. $55280. $54006

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