Precision Musical Instruments, merchandisers of musical instruments, has provided the following details: Mar. 5 Inventory purchased on account $775,000 Mar Freight in 35.000 Mar. 13 Purchase returns 50,000 Mar. 14 Allowances by vendor 14,000 Mar. 20 Payment made to vender for purchases on March 5 Credit forms are: 320, 45, FOB shipping point. Calculate the nel cost of Inventory purchased asuming that there are no other inventory - related transactions during the month. Assume that the perpetual inventory system is used O A 5724,670 OB. 5723,620 OC. $781.000 OD. $711,000