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Crane's Market recorded the following events involving a recent purchase of merchandise: Received goods for $30000, terms 1/10,n/30. Returned $700 of the shipment for credit.

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Crane's Market recorded the following events involving a recent purchase of merchandise: Received goods for $30000, terms 1/10,n/30. Returned $700 of the shipment for credit. Paid $100 freight on the shipment. Paid the invoice within the discount period. As a result of these events, the company's inventory increased by $29007. increased by $29400. increased by $29101. increased by $29107

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