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1. Hunter Company purchased merchandise inventory with an invoice price of $12,000 and credit terms of 2/10, n/30. What is the net cost of the goods if Hunter Company pays within the discount period? (Points: 3) $11,040 $10,800 $11,760 $12,000 multiple choice question I need answer now please 2. Wade's Market recorded the following events involving a recent purchase of merchandise: Received goods for $40,000, terms 2/10, n/30. Returned $800 of the shipment for credit. Paid $200 freight on the shipment. Paid the invoice within the discount period. As a result of these events, the company's merchandise inventory increased by $38,416 $39,400 $38,616 $38,600
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