Trinkets Company made total purchases of $290,000 in the most current year. It paid freight in of $5,000 on its purchase

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Trinkets Company Made Total Purchases Of 290 000 In The Most Current Year It Paid Freight In Of 5 000 On Its Purchase 1 (33.64 KiB) Viewed 57 times

Trinkets Company made total purchases of $290,000 in the most current year. It paid freight in of $5,000 on its purchases. Freight out, the cost to deliver the merchandise when it was sold to Trinkets's customers, totaled $8,600. Of the total purchases Trinkets made during the period, it returned $24,500 of the merchandise. Trinkets took advantage of $2,300 of purchase discounts offered by its vendors. What was Trinkets's cost of inventory? Trinkets's cost of inventory is