Assuming the periodic inventory method is used for the current year, the following data were taken from the accounting records:

Sales $450,000

Sales returns and allowances $15,000

Purchases $250,000

Purchase returns and allowances $4,000

Discount received $2,000

Freight-in $1,000

Beginning inventory $45,000

Ending inventory $65,000

What was the amount for net purchases?

Select one:

a. $292,000.

b. $246,000.

c. $435,000.

d. $245,000.