Ebbe, Inc. Ebbe, Inc. purchased merchandise for $500,000; received credit for purchase returns of $25,000, took purchase discounts of $10,000, and paid transportation costs of $15,000. Refer to Ebbe, Inc. If Ebbe, Inc. had $20,000 in beginning inventory, and sold goods costing $300,000, what is the ending inventory balance? a. $500,000 b. $520,000 c. $200,000 d. $220,000