on On January 1, a retailer had a $36,500 in merchandise inventory. The business purchased $14,000 of inventory on January 5 from its supplier on terms of 1/10 n/30, FOB shipping point. The appropriate party paid $250 for freight costs for the January 5 purchase. The business paid the outstanding accounts payable on January 9. What is the company's merchandise inventory on that date (whole number without comma or $ sign, e.g. 10000)? Answer: