Assume Anderson s General Store bought on credit a truckload of
Assume Anderson’s General Store bought, on credit, a truckload of merchandise from American Wholesaling costing $ 23,000. If the company was charged $ 650 in transportation cost by National Trucking, immediately returned goods to American Wholesaling costing $ 1,200, and then took advantage of American Wholesaling’ s 2/10, n/30 purchase discount, how much did this inventory cost Anderson’s?
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