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The following info is available for L company: Sales : $130,000 Freight in : 12000 COGS: 118000 Ending Merchandise Inv: 4,000 Purchases: 100,000 Beginning Merchandise

The following info is available for L company:

Sales : $130,000

Freight in : 12000

COGS: 118000

Ending Merchandise Inv: 4,000

Purchases: 100,000

Beginning Merchandise Inv: 15,000

L's Purchase discount would be?

5000, 6000, 7000, 4000

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