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Dakota Company experienced the following events during Year 2 : Acquired $ 1 0 , 0 0 0 cash from the issue of common stock.

Dakota Company experienced the following events during Year 2:
Acquired $10,000 cash from the issue of common stock.
Amarillo Company experienced the following events during its first accounting period.
(1) Purchased $8,200 of inventory on account under terms 1/10, n/30.
(2) Returned $2,600 of the inventory purchased in Event 1.
(3) Paid the remaining balance in account payable within the discount period for the inventory purchased in Event 1.
Immediately after the three events have been recognized, the balance in the inventory account is

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