Question: How much did Putter Pilot's inventory increase as a result of these transactions ? CHAPTER 04 - MERCHANDISING OPERATIONS Putter Pilot is a merchandiser and

How much did Putter Pilot's inventory increase as a result of these transactions?

CHAPTER 04 - MERCHANDISING OPERATIONS Putter Pilot is a merchandiser and uses the perpetual inventory system. March 2: Putter purchases inventory on account from Plane Stuff Wholesalers for $9,750, terms 1/15, n/30. March 12: Putter returns $2,950 of the March 4th purchase to Plane Stuff Wholesalers. March 10: Putter pays a transportation company $45 for freight costs related to the purchase and purchase return. March 14: Putter pays Plane Stuff Wholesalers the balance due. How much did Putter Pilot's inventory increase as a result of these transactions? Enter

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