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Business, 09.03.2020 20:32 pineapplepizaaaaa

A company purchased inventory for $ 72,000 from a vendor on account, FOB shipping point, with terms of 33/10, n/30. The company paid the shipper $1,500 cash for freight in. The company paid the vendor nine days after the invoice date. If there was no beginning inventory, the cost of inventory would be .

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