On September 1, Mace purchased inventory costing $2,000 on account with terms 2/10, n/30. Mace paid this invoice on September 5. What is the amount that Mace will include in its Inventory account for these units of inventory? O $1.960 O $1,400 O $2,000 O $2,040 During the month of April, McDonall, Inc. purchased inventory from its vendor for $2,000 and incurred shipping costs of $100 for the goods to be delivered to McDonall's warehouse. When McDonall sold all of this inventory on April 30, McDonall also paid $200 in sales commissions to employees and paid $120 in freight-out charges to deliver the inventory sold to customers. How much did McDonall record in April as Cost of Goods Sold? O $2,100 O $2,300 O $2,000 O $2,420 Jameson's Warm Beverages Corp has beginning inventory for the year of $12,000. During the year, Jameson purchases inventory for $150,000 and ends the year with $20,000 of inventory. Jameson will report cost of goods sold equal to O $158,000 O $142,000 $150,000 O $170,000