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What the company inventory for sheridan market

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Sheridan's Market recorded the following events involving a recent purchase of merchandise:

Received goods for $34000, terms 2/10, n/30.

Returned $700 of the shipment for credit.

Paid $100 freight on the shipment.

Paid the invoice within the discount period.

Problem 1: As a result of these events, the company's inventory

Option 1: increased by $32634.

Option 2: increased by $32730.

Option 3: increased by $32734.

Option 4: increased by $33400.

Reference no: EM132678163

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