The following information relates to merchandising operations for Liverpool Co. during June 2020 On 1/6/2020: Liverpool Co has a beginning inventory of $ 1500 On 10/6/2020: Liverpool Co. purchase goods of $ 5100 from Arsenal. Ins. (FOB shipping point) (terms 5/20, n/60). On 12/6/2020. an amount of $ 300 was paid for freight expenses to Acme Freight Company On 14/6/2020: Liverpool Co. returned goods costing $ 700 to Arsenal Ins. On 15/6/2020: Liverpool Co. sold goods of $ 3000 to Manchester City Co. (cost of these merchandise is $2450). FOB shipping point, credit terms 5/15, n/30. On 18/6/2020: Manchester City Co: return goods to Liverpool Co. value of $ 500 (its cost $ 375). Select one a. 4425 b. 4275 O c. 4125 d. 4775 e. None of the given answers The following information relates to merchandising operations for Liverpool Co. during June 2020 On 1/6/2020: Liverpool Co has a beginning inventory of $ 1500 On 10/6/2020: Liverpool Co. purchase goods of $ 5100 from Arsenal. Ins. (FOB shipping point) (terms 5/20, n/60). On 12/6/2020. an amount of $ 300 was paid for freight expenses to Acme Freight Company On 14/6/2020: Liverpool Co. returned goods costing $ 700 to Arsenal Ins. On 15/6/2020: Liverpool Co. sold goods of $ 3000 to Manchester City Co. (cost of these merchandise is $2450). FOB shipping point, credit terms 5/15, n/30. On 18/6/2020: Manchester City Co: return goods to Liverpool Co. value of $ 500 (its cost $ 375). Select one a. 4425 b. 4275 O c. 4125 d. 4775 e. None of the given answers