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Tony's Market recorded the following events involving a recent purchase of merchandise: Received goods for $80,000, terms 2/10, n/30. Returned $1,600 of the shipment for

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Tony's Market recorded the following events involving a recent purchase of merchandise: Received goods for $80,000, terms 2/10, n/30. Returned $1,600 of the shipment for credit. Paid $400 freight on the shipment. Paid the invoice within the discount period. As a result of these events, the company's inventory a. increased by $77,224 b. increased by $77,232 c. increased by $78,800 d. increased by $76,832

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