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Norfolk Sporting Goods purchases merchandise with a catalog list price of $15,400. The retailer receives a 33% trade discount and credit terms of 2/10, n/30.

Norfolk Sporting Goods purchases merchandise with a catalog list price of $15,400. The retailer receives a 33% trade discount and credit terms of 2/10, n/30. What amount should Norfolk debit to the Inventory account? Round your answer to the nearest whole dollar.

a. $10,318

b. $10,112

c. $20,276

d. $15,400

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