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PLEASE NEED ANSWER WITHIN AN HOUR MAX TIME. Thanks. Company recorded the following events involving a recent merchandise purchase. - Received goods for $50,000, terms

PLEASE NEED ANSWER WITHIN AN HOUR MAX TIME. Thanks.

Company recorded the following events involving a recent merchandise purchase. - Received goods for $50,000, terms 2/10, n/30. - Returned $1,000 of the shipment for credit due to damaged goods. - Paid $1,500 for freight-in. - Paid the invoice within the discount period. As a result of these events, the company's merchandise inventory

increased by $50,500. increased by 49,500. increased by $49,470. increased by $49,520.

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