Baxter Company's merchandise inventory at the start of 2014 was $85,000. The company purchased inventory during 2014 in the amount of $323,000, and its inventory at the end of the year was $102,000. What was Baxter's Cost of Goods Sold for 2014?

$391,000

$306,000

$408,000

$289,000

8. 10.00 points Baxter Company's merchandise inventory at the start of 2014 was $85.000. The company purchased inventory during 2014 in the amount of $323,000, and its inventory atthe end ofthe year was $102,000. What was Baxters Cost of Goods Sold for 2014? O $391.000 O 306000 O $408,000 O $289,000