Precision Musical Instruments,merchandisers of Musical Instruments,has Provided the Following Details
Precision Musical Instruments,merchandisers of musical instruments,has provided the following details: 
Credit terms are: 4/20,n/45,FOB shipping point.Calculate the net cost of inventory purchased assuming that there are no other inventory-related transactions during the month.Assume that the perpetual inventory system is used.
A) $790,000
B) $729,600
C) $730,000
D) $730,800
Correct Answer:
Verified
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