Question 85 (4 points) On July 1, you purchased 500 units of inventory from a supplier for $10 each. Shipping terms were FOB shipping point. The freight cost was $200 and the appropriate party paid it on July 3. Credit terms were 2/10 n/30. You returned 100 units on July 5 as they were the wrong colour. On July 9 you paid your supplier. After all the above transactions have been recorded, what is the value of this inventory? O a) $3,916 Ob) $4,120 O c) $5,148 O d) $4,200 e) $4,948