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 $4,000 Beginning inventory 545,000 Ending inventory 565,000 What was the amount for net purchases? Oa $245,000 Ob. 5292,000 e $241,000 Od $246,000