On April 1, Snell Company made a $50,000 sale giving the customer terms of 3/10, n/30. The receivable was collected from the customer on April 8. How does the collection of cash from the customer affect the company's financial statements? Balance Sheet Income Statement Statement of Cash Flows Assets = Liabilities Stockholders' Equity Revenue Expenses = Net Income A. (1,500) = NA (1,500) (1,500) - NA = (1,500) 48,500 OA B. (1,500) = NA (1,500) (1,500) - NA = (1,500) NA C. (1,500) = NA (1,500) NA - (1,500) = 500 1,500 OA D. 48,500 = NA 48,500 48,500 - NA = 48,500 48,500 OAGlasgow Enterprises started the period with 80 units in beginning inventory that cost $7.50 each. During the period, the company purchased inventory items as follows: Purchase Number of Items Cost 1 200 $ 9.00 2 150 $ 9.30 3 50 $10.50 Glasgow sold 220 units after purchase 3 for $17.00 each. What is Glasgow's ending inventory under weighted-average (rounded)