Recording an Inventory Purchase Shields Company has purchased inventories incurring the following costs: (a) the invoice amount of $1,000, (b) shipping charges of $60, (c) interest of $20 on the $1,000 borrowed to finance the purchase, and (d) $10 for the cost of moving the inventory to the company's warehouse. Required Determine the cost to be assigned to the inventory. $ 0 Accounts Payable (L) Record the purchase using "T" accounts. Inventory (A) (a) 0 (b) 0 0 (c) 0 (a) 0 (b) 0 0 0 0 0 (d) 0 0 (d) 0 0 Notes Payable (L) (a) 0 0 Interest Expense, Discounts Lost (E) (a) 0 (b) 0 0 (b) 0 0 0 (C) 0 0 (C) 0 0 (d) 0 0 (d) 0 0