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17 Northwest Fur Co. started the year with $92,000 of merchandise inventory on hand. During the year. $450,000 in merchandise was purchased on account with

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17 Northwest Fur Co. started the year with $92,000 of merchandise inventory on hand. During the year. $450,000 in merchandise was purchased on account with credit terms of 1/16, 1/45. All discounts were taken. Northwest paid freight in charges of $7000. Merchandise with an invoice amount of $4.300 was returned for credit. Cost of goods sold for the year was $380,000. What is ending inventory? Mumple Choice $154700 $160.243 570.000 515 23 Consider the following information pertaining to OldWest's inventory: -4 Product Revolvers Spurs Hats eBook Quantity 16 23 12 Net Realizable Value $150 22 40 Cost $120 27 56 At what amount should OldWest report its inventory? Multiple Choice $3,213 O $3,386 $2.996 Mc HE (Graw

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