Glen Company uses the perpetual inventory system. The company entered into the following events:

Purchased merchandise inventory that cost $$10,000$ under terms of $\frac{2}{10},\frac{n}{30}.$

Made payment to the supplier within the discount period.

Sold all of the goods to customers on account for $$22,000.$

What is Glen's cost of goods sold as a result of these three transactions?

$$9,000$

$14,15,$$$9,800$

$$10,000$

$$21,800$

Question $25(1$ point$)$

If prices are rising, which inventory cost flow method will produce the lowest amount of cost of goods sold?