Whisperings Market recorded the following events involving a recent purchase of inventory: Received goods for $115000, terms 2/10, n/30. Returned $2600 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 companys inventory

increased by $110152.

increased by $110544.

increased by $110552.

increased by $112800.

The collection of a $1800 account within the 2 percent discount period will result in a

credit to Cash for $1764.

debit to Accounts Receivable for $1764.

credit to Accounts Receivable for $1764.

debit to Sales Discounts for $36.

Bramble Corp. sells merchandise on account for $7200 to Kingbird, Inc. with credit terms of 2/13, n/30. Kingbird, Inc. returns $1500 of merchandise that was damaged, along with a check to settle the account within the discount period. What is the amount of the check?

$7086

$5586

$7056

$5700