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Question Content Area Norfolk Sporting Goods purchases merchandise with a catalog list price of $14,436. The retailer receives a 25% trade discount and credit terms
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Norfolk Sporting Goods purchases merchandise with a catalog list price of $14,436. The retailer receives a 25% trade discount and credit terms of 2/10, n/30. What amount should Norfolk debit to the Inventory account? Round your answer to the nearest whole dollar.
a.$10,610
b.$17,828
c.$10,827
d.$14,436
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