A Company That Uses the Perpetual Inventory System Purchased 500 $$\begin{array} { | c | l | l | } \hline \text { Cost of sales } & 10,000 & \\\hline \text { Inventory } & & 10,000 \\\hline\end{array}$$

A company that uses the perpetual inventory system purchased 500 pallets of industrial soap for $10,000 and paid $750 for the freight in.The company sold the whole lot to a supermarket chain for $13,000 on account.The company uses the specific-identification method of inventory costing.Which of the following entries correctly records the cost of sale?

A) $$\begin{array} { | c | l | l | } \hline \text { Cost of sales } & 10,000 & \\\hline \text { Inventory } & & 10,000 \\\hline\end{array}$$
B) $$\begin{array} { | c | l | l | } \hline \text { Cost of sales } & 10,750 & \\\hline \text { Inventory } & & 10,750 \\\hline\end{array}$$
C) $$\begin{array} { | c | l | l | } \hline \text { Cost of sales } & 10,000 & \\\hline \text { Sales revenue } & & 10,000 \\\hline\end{array}$$
D) $$\begin{array} { | c | l | l | } \hline \text { Inventory } & 10,750 & \\\hline \text { Cost of sales } & & 10,750 \\\hline\end{array}$$