20. yeary Corp. had the following information taken from various accounts at the end of the year Sales discounts Deferred revenues Total sales Purchase discounts Sales allowances Accounts receivable $41,000 $32,000 $459,000 $15,000 $35,000 $205,000 What was Barry Corp.'s net revenues for the year? A. $368,000. B. $434,000. C. $383,000. D. $437,000. 27. Beginning inventory is $40,000. Purchases of inventory during the year are $200,000. Ending inventory is $100,000. What is cost of goods sold? A. $340,000. B. $240,000. C. $260,000. D. $140,000. 28. Inventory records for Barry Corp. revealed the following: Number Unit of Units Cost 500 $2.40 Date Transaction Apr. 1 Beginning inventory Apr. Purchase 20 2.50 400 Barry Corp. sold 700 units of inventory during the month. Ending inventory assuming FIFO would be: A. S500 B. $490. C. $470. D. $480