A company purchased $4,000 worth of merchandise. Transportation costs were an additional $350. The company returned $275 worth of merchandise and then paid the invoice within the 2% cash discount period. The total cost of this merchandise is:
A. $4,075.00.
B. $4,000.50.
C. $3,925.00.
D. $3,995.00.
E. $3,725.00.
Answer: B
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