Assume Anderson’s General Store bought, on credit, a truckload of merchandise from AmericanWholesaling costing $23,000. If the company was charged $650 in transportation cost by NationalTrucking, immediately returned goods to American Wholesaling costing $1,200, and then tookadvantage of American Wholesaling’s 2/10, n/30 purchase discount, how much did this inventorycost Anderson’s?

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