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Wahoo Company recorded the following events involving a recent purchase of inventory: Received goods for $120,000, terms 2/10, n/30. Returned $2,400 of the shipment for
Wahoo Company recorded the following events involving a recent purchase of inventory:
- Received goods for $120,000, terms 2/10, n/30.
- Returned $2,400 of the shipment for credit.
- Paid $600 freight on the shipment.
- Paid the invoice within the discount period.
As a result of these events, the companys inventory increased by how much?
Group of answer choices
$115,848
$115,836
$118,200
$115,248
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