Jackie's Online Service started with $7,000 in Inventory and had the following transaction totals for the month:

Sales$20,000

Sales Returns and Allowances2,000

Cost of Goods Sold8,000

Purchases14,000

Freight 1,000

Purchases Returns and Allow.2,000

Purchases Discounts1,400

Ending Inventory for the period is

A) $10,600.

B) $9,600.

C) $12,600.

D) $14,000.