Northwest Fur Co. started 2021 with $112,000 of merchandise inventory on hand. During 2021, $450,000 in merchandise was purchased on account with credit terms of 1/15, n/45. All discounts were taken. Purchases were all made f.o.b. shipping point. Northwest paid freight charges of $8,700. Merchandise with an Invoice amount of $3,000 was returned for credit. Cost of goods sold for the year was $364,000. Northwest uses a perpetual inventory system. Assuming Northwest uses the gross method to record purchases, what is the cost of goods available for sale? Multiple Choice $567,700. $557,800. $563,230. $563,200.