Precision Musical Instruments, merchandisers of musical instruments, has provided the following details Mar. 5 Inventory purchased on account Freight in Purchase returns $775,000 Mar. 8 45,000 Mar. 13 50.000 Mar. 14 Allowanoes by vendor 15,000 Mar. 20 Payment made to vendor for purchases on March 5 Credit terms are: 3/20, n/45, FOB shipping point. Calculate the net cost of inventory purchased assuming that there are no other inventory-related transactions during the month. Assume that the perpetual inventory system is used. O A. $732,350 O B. $760,000 O C. $710,000 O D. $733,700