Ashton's Goods purchases $100,000 of inventory during the year, has beginning of the period inventory of $15,000, and sells $85,000 of inventory during the year for $150,000. What is the company's inventory balance to be reported on its balance sheet at year end? Select one: A. $30,000 O B. $65,000 O C. $70,000 O D. $15,000