Cinnamon Buns C CB started 2021 with $52.500 of merchandise on hand. During 2021 $285.000 in merchandise was purchased on account with credit terms of 110 1/30. All discounts were taken. Purchases were all made fob shipping point. CBC paid freight charges of $10,600. Merchandise with an invoice amount of $3,300 was returned for credit. Cost of goods sold for the year was $300,000. CBC uses a perpetual inventory system. Assuming CHIC uses the gross method to record purchases, ending Inventory would be Micle Choice o o o