WAXS-D,merchandisers of Musical Instruments,has Provided the Following Details Credit Terms Are: 4/20,n/45,FOB Shipping Point

WAXS-D,merchandisers of musical instruments,has provided the following details: $$\begin{array} { | l | l | r | } \hline \text { Mar. 5 } & \text { Inventory purchased on account } & \$ 725,000 \\\hline \text { Mar. 8 } & \text { Freight in } & 40,000 \\\hline \text { Mar. 13 } & \text { Purchase returns } & 65,000 \\\hline \text { Mar. 14 } & \text { Allowances by vendor } & 10,000 \\\hline \text { Mar. 20 } & \text { Payment made to vendor for purchases on March 5 } & ? \\\hline\end{array}$$ Credit terms are: 4/20,n/45,FOB shipping point.Calculate the net cost of inventory purchased assuming that there are no other inventory-related transactions during the month.

A) $715,000
B) $662,400
C) $650,000
D) $664,000