Novak's Market used the perpetual method to record the following events involving a recent purchase of inventory: Received goods for $112000, terms 2/11, n/30. Returned $2200 of the shipment for credit Paid $400 freight on the shipment. Paid the invoice within the discount period. As a result of these events, the company's inventory increased by $110200. increased by $108004 increased by $107604 increased by $107996