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Norfolk Sporting Goods purchases merchandise with a catalog list price of $14,722. The retailer receives a 40% trade discount and credit terms of 2/10, n/30.

Norfolk Sporting Goods purchases merchandise with a catalog list price of $14,722. The retailer receives a 40% 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. Oa. $8,833 Ob. $8,657 Oc. $20,434 Od. $14,722

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