An entity had the following account balances in the pre-closing trial balance:

Opening inventory...................... $100,000

Closing inventory .........................150,000

Purchases ...................................400,000

Transportation-in .........................6,000

Purchase discounts .......................40,000

Purchase allowances................... ..15,000

Returned purchases....................... 5,000

The entity had net purchases for the period of

$340,000$346,000$370,000$376,000