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Question 1 The primary purpose for using an inventory cost flow assumption is to: dot yet nswered Marked out of ,00 O a. Maximize the reported amount of net income O b. Allocate the total cost of inventory between the accounts of CGS & Ending Invento O c. Minimize income taxes Od. Allocate the total cost of inventory between the accounts of CGS & Beginning inve Flag question Radio Company sells merchandise on account for $3,000 to Kaman Company with credit terms of 2/10, n/30. Kaman Company returns $500 of merchandise that was damaged, along with a check to settle the account within the discount period. What is the amount of the check? t of estion O a. $2.950 O b. $2,500 O c. $2,450 O d. $2,940