D Question 33 2 pts Northwest Fur Co. started 2021 with $106,000 of merchandise inventory on hand. During 2021, $490,000 in merchandise was purchased on account with credit terms of 1/15, n/45. All discounts were taken. Purchases were all made f.o.b. shipping point. Northwest paid freight charges of $9,200. Merchandise with an invoice amount of $4,700 was returned for credit. Cost of goods sold for the year was $376,000. Northwest uses a perpetual inventory system. What is ending inventory assuming Northwest uses the gross method to record purchases? $224,500. $219,647. $219,587. $229,200.