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Country Cupboard purchased inventory for $5,800 and also paid a $340 freight bill. Country Cupboard returned 20% of the goods to the seller and later
Country Cupboard purchased inventory for $5,800 and also paid a $340 freight bill. Country Cupboard returned 20% of the goods to the seller and later took a 3% purchase discount. Assume Country Cupboard uses a perpetual inventory system. What is Country Cupboard's final cost of the inventory that it kept? (Round your answer to the nearest whole number.) OA. $4,841 O B. $1,125 OC. $4,765 OD. $4,501
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