Question

Swifty’s Market recorded the following events involving a recent purchase of merchandise: Received goods for $65000,...

Swifty’s Market recorded the following events involving a recent purchase of merchandise: Received goods for $65000, terms 1/10, n/30. Returned $1000 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 increased by

$63360

$64400

$63754

$63760.

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