Fondant Company reported the following data for 2019:

Cost of Beginning Inventory:

$ 75,000

Invoice Cost of merchandise purchases:

1,650,000

Purchase Returns and Allowances:

75,000

Purchase Discounts received:

30,000

Cost of Transportation in:

45,000

Cost of merchandise sold to customers in sales transactions:

$ 990,000

Determine Fondant Company's Balance of Ending Inventory.

Select one:

A. $1,560,000

B. $ 660,000

C. $1,500,000

D. $ 675,000