The Gateway Company's physical inventory at 12/31 was $10,000. In addition, two in-transit items existed: A $200 item purchased from a vendor; FOB Destination A $350 item sold to a customer; FOB Destination The 12/31 Inventory for the balance sheet is: Select one: O a. $10,000 ob. $10,350 c. $10,200 od: $10,550 e. $10,150 Given the following data for a bond issuance: Principal $10,000 4-year factors 8%, PV of $1 6% Coupon (stated) Rate 735 Market Rate 854 8%, PV of Annuity 3.31213 6%, PV of $1 1792 Term 4 years Interest paid annually 6%, PV of Annuity 3.456 The sale price of the bond is approximately Select one: a. $9,337 b. $9,886 c. $10,685 d. $9,366 e. $10,662 Which account is constantly updated during the year for the perpetual method but not the periodic method Select one: a. Purchases b. Sales Returns c. Cost of Goods Sold d. Sales Revenue