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What the company inventory for sunland market

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Reference no: EM132750105

Sunland's Market recorded the following events involving a recent purchase of inventory:

Received goods for $121000, terms 2/15, n/30.

Returned $2900 of the shipment for credit.

Paid $700 freight on the shipment.

Paid the invoice within the discount period.

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

A. increased by $115738.

B. increased by $116424.

C. increased by $118800.

D. increased by $116438.

Reference no: EM132750105

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