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A fire destroyed some of Powell Companys records. Information from the documents found related to inventory is listed below. Ending Inventory 97,000 Cost of Goods

A fire destroyed some of Powell Companys records. Information from the documents found related to inventory is listed below.

Ending Inventory

97,000

Cost of Goods Sold

445,000

Consigned Goods

87,000

Beginning Inventory

43,000

What was the amount of inventory that was purchased during the year?

Question 7 options:

$412,000

$565,000

$499,000

$478,000

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