multiple choices questions

Northwest Fur Co. started the year with $90,000 of merchandise inventory on hand. During the year, $430,000 in merchandise was purchased on account with credit terms of 1/15, n/45. All discounts were taken. Northwest paid freight-in charges of $7,000. Merchandise with an invoice amount of $4.500 was returned for credit. Cost of goods sold for the year was $379,000. What is ending inventory? 143500 - 51000.- 129240.. 139246 2). On September 1, 2021, Middleton Corp. lends cash and accepts a $8,000 note receivable that offers 9% interest and is due in six months. How much interest revenue will Middleton Corp. report during 2022? (Do not round intermediate calculations. Round your answer to the nearest dollar amount.) 152. - 263. - 189. - 120 3). Given the information below, what is the gross pro fit? Sales revenue Accounts receivable Ending inventory Cost of goods sold Sales returns $350,000 56,000 115,000 240,000 28,000 85000. - 207000.- 1100.- 82000 4). onsider the following information pertaining to OldWest's inventory: Quantity Cost $128 14 Product Revolvers Spurs Hats Net Realizable Value $ 155 24 42 29 13 52 At what amount should OldWest report its inventory? 3251. - 3084.- 3364. - 2986