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Exercise 8.7 (Algo) Computing the net delivered cost of purchases. LO 8-2 On June 30 the general ledger of Kisling, Inc., had the following balances:

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Exercise 8.7 (Algo) Computing the net delivered cost of purchases. LO 8-2 On June 30 the general ledger of Kisling, Inc., had the following balances: Purchases Freight In Purchases Returns and Allowances Purchases Discounts Accounts Payable $46,260 Dr. 3,516 Dr. 4,050 Cr. 701 Cr. 15,900 Cr. Required: Compute the net delivered cost of purchases for Kisling, Inc. Net delivered cost of purchases

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