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Cal Farms reported supplies expense of $2,700,000 this year. The supplies account decreased by $140,000 during the year to an ending balance of $460,000. What

Cal Farms reported supplies expense of $2,700,000 this year. The supplies account decreased by $140,000 during the year to an ending balance of $460,000. What was the cost of supplies the Cal Farms purchased during the year?

Multiple Choice

  • $3,160,000.
  • $2,560,000.
  • $2,840,000.
  • $2,240,000.

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