If the beginning merchandise inventory is $10,000. the merchandise purchases are $110,000, and the ending merchandise inventory is $20,000, then the cost of goods sold must be: Multiple Choice O $100,000. O $120,000. O $70,000. $110,000.

If the beginhing merchandise inventory is $10,000, the merchandise purchases are $110,000, and the ending merchandise inventory is $20,000, then the cost of g0ods sold must be Muple Croke 5100000 $120000 570000. sin000