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The Pet Store experienced the following events for the Year 1 accounting period: 1. Acquired $90.000 cash from the issue of common stock. 2. Purchased

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The Pet Store experienced the following events for the Year 1 accounting period: 1. Acquired $90.000 cash from the issue of common stock. 2. Purchased $68,000 of inventory on account. 3. Recelved goods purchased in Event 2 FOB shipping point; transportation cost of $1,090 paid in cash. 4. Sold inventory on account that cost $30,000 for $55,000. 5. Transportation cost on the goods sold in Event 4 was $1,240. The goods were shipped FOB destination. Cash was paid for the transportation cost. 6. Customer in Event 4 returned $4,240 worth of goods that 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. 0. Which of these events affect period (seling and administrative) costs? Which result in product costs? If neither, label the transaction NA

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