PULL SCREEN PRINTER VERSION BACK Question 5 NEXT Your answer is incorrect. Try again. Katz Hat Shop received a shipment of hats for which it paid the wholesaler $2.940. The price of the hats was $2,970 but Katz was given a $30 cash discount and required to pay freight charges of $50. In addition, Katz paid $140 to cover the travel expenses of an employee who negotiated the purchase of the hats. What amount will kata record for Inventory? Inventory Cost 220 By accessing this Question Assistance, you will learn while you eam points based on the Point Potential Policy set by your instructor Question Attempts: 1 of 3 used SAVE FOR LATER SUBMIT ANSWER Earn Maximum Points available only if you answer this question correctly in three attempts or less