Northwest Fur Co. Started 2021 with $111.000 of merchandise inventory on hand. During 2021, $480,000 in merchandise was purchased on account with credit terms of 2/15. n/45. All discounts were taken. Purchases were all made fo.b. shipping point Northwest paid freight charges of $8.100. Merchandise with an invoice amount of $3.300 was returned for credit. Cost of goods sold for the year was $376,000. Northwest uses a perpetual inventory system Assuming Northwest uses the gross method to record purchases, what is the cost of goods available for sale? $592,500. $586,266. $586,200. $595,800