A Company Purchased $4,000 Worth of Merchandise

Multiple Choice

A company purchased $4,000 worth of merchandise. Transportation costs were an additional $350. The company later returned $275 worth of merchandise and paid the invoice within the 2% cash discount period. The total amount paid for this merchandise is:

A) $3,725.00.
B) $3,925.00.
C) $3,995.00.
D) $4,000.50.
E) $4,075.00.