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Multiple Choice $33,000 $134,242 $127,247 $131,300 Northwest Fur Company started the year with $96,000 of inventory on hand. During the year, $410,000 in inventory was

image text in transcribed Multiple Choice $33,000 $134,242 $127,247 $131,300

Northwest Fur Company started the year with $96,000 of inventory on hand. During the year, $410,000 in inventory was purchased on account with credit terms of 1/15, n/45. All discounts were taken. Northwest paid freight-in charges of $7,000. Inventory with an invoice amount of $4,700 was returned for credit. Cost of goods sold for the year was $377,000. What is ending inventory? Multiple Choice O O O O $33,000 $134,242 $127,247 $131,300 Northwest Fur Company started the year with $96,000 of inventory on hand. During the year, $410,000 in inventory was purchased on account with credit terms of 1/15, n/45. All discounts were taken. Northwest paid freight-in charges of $7,000. Inventory with an invoice amount of $4,700 was returned for credit. Cost of goods sold for the year was $377,000. What is ending inventory? Multiple Choice O O O O $33,000 $134,242 $127,247 $131,300

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