Seaside Market recorded the following events involving a recent purchase of merchandise: Received goods for $50,000 terms 2/10, n/30 Returned $2,000 of the shipment for credit Paid $250 freight on the shipment Paid the invoice within the discount period. As a result of these events, the company’s merchandise a. increased by $48,000 b. increased by $47,290 c. increased by $48,270 d. increased by $47,250

Seaside Market recorded the following events involving a recent purchase of merchandise:

Received goods for $50,000 terms 2/10, n/30
Returned $2,000 of the shipment for credit
Paid $250 freight on the shipment
Paid the invoice within the discount period.
As a result of these events, the company’s merchandise
a. increased by $48,000
b. increased by $47,290
c. increased by $48,270
d. increased by $47,250

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