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Lincoln Corporation had reported the following amounts at December 31, 2014: net sales revenue $184,000; ending inventory $11,600; beginning inventory $17.200; purchases $60,400 at 1/10,

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Lincoln Corporation had reported the following amounts at December 31, 2014: net sales revenue $184,000; ending inventory $11,600; beginning inventory $17.200; purchases $60,400 at 1/10, n/30; purchase returns and allowances SI,700; and freight-in $600. (round to one decimal place) A. $119693 and 65.1% B. $76507 and 41.6% c. $119093 and 64.7% D. $75907 and 41.3% 5-11

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