Cinnamon Buns Co. (CBC) started 2021 with $53,000 of merchandise on hand. During 2021, $288,000 in merchandise was purchased on account with credit terms of 2/10 n/30. All discounts were taken. Purchases were all made fo.b. shipping point. CBC paid freight charges of $9,300. Merchandise with an invoice amount of $2,700 was returned for credit. Cost of goods sold for the year was $314,000. CBC uses a perpetual inventory system. What is cost of goods available for sale, assuming CBC uses the gross method? Multiple Choice $341,894 $347,600. $323,294 $350.300.