Question: JC Manufacturing purchased inventory for $ 4 , 7 0 0 and also paid a $ 3 4 0 freight bill. JC Manufacturing returned 2

JC Manufacturing purchased inventory for $4,700 and also paid a $340 freight bill. JC Manufacturing returned 20% of the goods to the seller and later took a 3% purchase discount. Assume JC Manufacturing uses a perpetual inventory system. What is JC Manufacturing's final cost of the inventory that it kept? (Round your answer to the nearest whole number.)
A. $912
B. $3,647
C. $3,911
D. $3,987
 JC Manufacturing purchased inventory for $4,700 and also paid a $340

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