The following information pertains to the next two questions. Fordlane Co$.$ purchased inventory that cost $$10,000$ under terms $2/10,$ n$/30.$ 

The inventory was delivered under terms FOB destination. Freight costs of $$500$ were paid in cash. Fordlane paid for the inventory within ten days.

 Fordlane sold the goods on account for $$13,000,$ freight terms FOB destination. Freight costs of $$320$ were paid in cash.