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M6-5 (Algo) Evaluating Inventory Cost Components [LO 6-3] Assume Anderson's General Store bought, on credit, a truckload of merchandise from American Wholesaling costing $24,200.11 Anderson's

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M6-5 (Algo) Evaluating Inventory Cost Components [LO 6-3] Assume Anderson's General Store bought, on credit, a truckload of merchandise from American Wholesaling costing $24,200.11 Anderson's paid National Trucking $770 cash for transportation, Immediately returned goods to American Wholesaling costing $1,200, and then paid American Wholesaling within the 2/30, 1/60 purchase discount period. How much did this inventory cost Anderson's? Assume Anderson's uses a perpetual inventory system. Inventory Cost

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