QUESTION 16 What type of account is the cost of Goods sold account? 04 Asset ob txperie O Corsa Olability QUESTION 17 Hobbs Co. purchased inventory with an invoice price of $2,200, shipping charges of $200, inspection costs of 150. How much should this purchase be recorded in the inventory count for? O $2,200 O $2.250 O $2,400 QUESTION 18 During the current year, Gull Co. had beginning inventory of $2,400 and ending Inventory of $1,200. The cost of goods sold was 59,600. What is the mount of inventory purchased during the year! O 10.000 OD 200 OL 400