If the Sales is $400,000, the beginning inventory is $60,000, the purchases are $240,000, the operating expenses is $60,000, and the cost of ending inventory is $30,000 while the market value (NRV) is 35,000, then the net income is A) $ 70,000 B) $ 270,000 C $ 400,000 D) None of the other answers The beginning inventory 3000 units at SR4 cost per unit, the purchases during the period was 6000 units at SR5 cost per unit, the ending inventory was 2000 units, then the cost of goods available for sale using the average cost method is A) SR 31,500 B) SR 42,000 C) SR 10,500 D) None of the other answers