Specialty Candles has provided the following details: Mar. 5 Inventory purchased on account $80,000 Mar. 8 Freight in 2.000 Mar. 13 Purchase retums 7,000 Mar. 14 Allowances from vendor 1,200 Mar. 20 Payment made to vendor for purchases on March 7 ? Credit terms are: 4/10, 1/45, FOB shipping point. Calculate the net cost of inventory purchased assuming that there are no other inventory - related transactions during the month. Assume that the perpetual inventory system is used. O A. $76.800 OB. 571.800 O c. $73,800 OD. $70,928