Question: Statewide Computers purchased $ 2 8 0 , 0 0 0 of inventory. Goods of $ 2 0 , 0 0 0 were returned. Statewide

Statewide Computers purchased $280,000 of inventory. Goods of $20,000 were returned. Statewide received an early discount of $15,000 and paid freight in of $1,000. The net cost of inventory purchased is $245,000.
True
False
Statewide Computers purchased $ 2 8 0 , 0 0 0 of

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