A Company Purchased Inventory for $2000 from a Vendor on Credit,FOB

Multiple Choice

A company purchased inventory for $2000 from a vendor on credit,FOB shipping point,with terms of2/10,n/30.The company paid the shipper $100 cash for freight in.The company then returned damaged goods worth $200.The invoice has been paid 8 days after the sale.Assuming that there was no beginning inventory balance,the cost of inventory would be: (Assume a perpetual inventory system. )

A) $1864.
B) $1900.
C) $1960.
D) $1764.