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Sunland Cornpany uses the perpetual inventory system and began business on August 1. During the month Sunland made inventory purchases of $9800, terms of 3/15,

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Sunland Cornpany uses the perpetual inventory system and began business on August 1. During the month Sunland made inventory purchases of $9800, terms of 3/15, n/45. Sunland returned $300 worth of goods during the month, paid ali suppliers in time to take advantage of all offered cash discounts during the month and sold inventory with a value of $5900. These were the only inventory transactions during the month. What is the balance in the inventory account at the end of August? $3324$3315$9800$3600

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