2. If your required rate of return is 6%, the present value of $1,000 to be received three years from today is $839.60, True 29. In Aprd, Walston Enterprises had the following reults: Beginning Finished Goods Inventory Ending Finished Goods Inventory Sales Gross Margin $17,400 S25,400 S965,000 $450,000 How much is Cost of Goods sold for April? A) $458,000 B) $515,000 C) $507,000 D) $423,000