Toms tires purchased inventory for 2400 and also paid 85, Accounting Basics

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Toms tires purchased inventory for 2400 and also paid 85

Question: Tom's Tires purchased inventory for $2,400 and also paid $85 freight to have the inventory deliverd. Tom's returned $100 of the goods to the seller, and then took a 2.5% purchase discount. What is the final cost of the inventory for Tom's Tires? (rounded to nearest whole dollar amount)

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Accounting Basics: Toms tires purchased inventory for 2400 and also paid 85

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Accounting Basics: Toms tires purchased inventory for 2400 and also paid 85

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