Costs of $12,500 were incurred to acquire goods and make them ready for sale. The goods were shipped to the buyer (FOB shipping point) for a cost of $950. Additional necessary costs of $1,900 were incurred to acquire the goods. No other incentives or discounts were available, Compute the buyer's total cost of merchandise inventory. Muitiple Choice $13,450 $15,350 $14,400 $12,500