Five Guys is an American fast food restaurant chain focused on hamburgers, hot dogs, and French fries. Five Guys started 2024 with $95,000 of inventory on hand. During 2024, Five Guys purchased $550,000 in inventory on account with credit terms of 3/15,n/45. Five Guys took all of the discounts. Purchases were all made f.o.b. shipping point. Five Guys paid freight charges of $8,300. Inventory with an invoice amount of $3,800 was returned for credit. Five Guys's cost of goods sold for the year was $377,000. Shake Shack uses a perpetual inventory system. Five Guys uses the gross method to record purchases, what is the cost of goods available for sale? Mutiple Choice $653,200 $633,0000 $633,114 $649,500