On October 1, ABC purchases 100 units of inventory from XYZ for $100 per unit. These units had a cost of 560/unit for XYZ. The terms of the sale are 1/15 6/45. On October 5, ABC returns 10 units to XYZ (there are no defects with the returned units). ABC pays for the inventory on October 9. on October 22, ABC sells 10 units of the inventory purchased on October 1 for $200 per unit on credit. As a result of these events, what is the net income recognized by ABC during the month of October? O 31.010 Net Loss None of the Answers is Correct $1.010 Net Income $1.000 Net Income