The Pet Store experienced the fo 1. Acquired $90,000 cash from the issue of common stock sed $68,000 of in 3. Received goods purchased in Event 2 FOB shipping point; freight cost of $1,090 paid in cash. 4. Sold i 5. Freight cost on the goods sold in Event 4 was $1,240. The goods were shipped FOB destination. Cash was paid for the freight cost. 6. Customer in Event 4 returned $4,240 worth of goods thet had a cost of $2,170 7. Collected $45,100 cash from accounts recelvable. 8. Paid $51,200 cash on accounts payable. 9. Paid $3,370 for advertising expense 10. Paid $3,460 cash for insurance expense. on account that cost $30,000 for $55,000. a. Which of these events affect period (selling and administrative) costs? Which result in product costs? If neither, label the transaction NA. 1 of 4". Next>