For last month, the following data were taken from the ledger of Concord Inc.: Beginning Inventory $42700Ending Inventory 33400Freight In 2280Purchases 237000Purchase Discounts 1900Purchase Returns and Allowances 3600 What was the cost of goods available for sale? O $246300O $279700O $276480O $281980 Sales revenues are usually considered earned whenO cash is received from credit sales.O adjusting entries are made.O an order is received.O goods have been transferred from the seller to the buyer. When recording a sale where the return of goods has been estimated, a company following ASPE will O reduce sales by the amount of the expected refund.O record the expected returns to the Sales Returns account.O record sales at the full value. O record no revenue for the portion of sales for which returns are anticipated