Bufford Corporation had reported the following amounts at December 31, 2014: sales revenue

$184,000; ending inventory $11,600; beginning inventory

$17,200; purchases $60,400; purchase discounts

$3,000; purchase returns and allowances $1,100;

freight-in $600; freight-out $900. Calculate the cost of goods available for sale.

(a) $69,400.

(c) $56,900.

(b) $74,100.

(d) $197,700.

AppendixLO1