Assuming the periodic inventory system is used for the current year, the following data were taken from the accounting records: Purchases $250,000 Purchase returns and allowances $5,000 Discount received $2,000 Freight-in Beginning inventory Ending inventory $4,000 $45,000 $65,000 What was the amount for net purchases? O a. $246,000 Ob $292,000. $245,000. d. $241,000