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Question 9 1 pts WAXS-D, merchandisers of musical instruments, has provided the following details: Mar. 5 Inventory purchased on account Mar. 8 Freight in Mar.

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Question 9 1 pts WAXS-D, merchandisers of musical instruments, has provided the following details: Mar. 5 Inventory purchased on account Mar. 8 Freight in Mar. 13 Purchase returns Mar. 14 Allowances by vendor Mar. 20 Payment made to vendor for purchases on March 5 $725.000 40,000 65,000 10,000 Credit terms are: 4/20, n/45, FOB shipping point. Calculate the net cost of inventory purchased assuming that there are no other inventory-related transactions during the month. $715,000 $662400 $650,000 $664,000 1 pts Question 10 100%

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