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Norfolk Sporting Goods purchases merchandise with a catalog list price of $14,016. The retailer recelves a 31% trade discount and credit terms of 2/10, n/30.

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Norfolk Sporting Goods purchases merchandise with a catalog list price of $14,016. The retailer recelves a 31% 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. $9,671 b. $9,478 c. $14,016 d. $18,168

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