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Account Debit Credit Inventory (beginning) $68400 Purchases 425000 Freight-in 5300 Purchase Discounts and Returns $7500 Sales Revenue 643500 Sales Returns 8300 If Sheridan's ending inventory

Account Debit Credit Inventory (beginning) $68400 Purchases 425000 Freight-in 5300 Purchase Discounts and Returns $7500 Sales Revenue 643500 Sales Returns 8300 If Sheridan's ending inventory is $78800, what is its cost of goods sold? $212650 $217950 $412400 $404100

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