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Northwest Fur Co started the year with $100,000 of merchandise inventory on hand. During the year. $430,000 in merchandise was purchased on account with credit

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Northwest Fur Co started the year with $100,000 of merchandise inventory on hand. During the year. $430,000 in merchandise was purchased on account with credit terms of 1/15, 15. All discounts were taken Northwespald freight-in charges of $7000 Merchandise with ar invoice amount of $4.400 was returned for credit cost of goods sold for the year was $371,000. What is ending inventory Multiple Choice O $99.000 $166,339 5161600 Murple Choice 359.000 0 106 thp 8 G H . N M

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