Cinnamon Buns Co. (CBC) started 2021 with $52,600 of merchandise on hand. During 2021, $286,000 in merchandise was purchased on account with credit terms of 1/10 1/30. All discounts were taken. Purchases were all made to.b.shipping point Cecpold freight charges of S10700 Merchandise with on invoice amount of $3,500 was returned for credit, Cost of goods sold for the year was $301000 CBC uses a perpetuat inventory system Assuming CBC uses the gross method to record purchases, ending inventory would be O $41,975. O $31,275. $44,800. O $41,940