Multiple Choice Question 8'! Crane Companyoo uses the perpetual inventory and the gross method. On March 1, it purchased $65000 of inventory, terms

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Multiple Choice Question 8‘!Crane Companyoo uses the perpetual inventory and the gross method. On March 1, it purchased $65000 of inventory, terms 2110, n;30. On March 3, Crane returned goods that cost $7000. OnMarch 9, Crane paid the supplier. On March 9, Crane should credit CI inventory for $1 160.'7' inventory for $1300.If? purchase discounts for $1300. purchase discounts for $1160.