Northwest Fur Co. started the year with $90,000 of merchandise inventory on hand. During the year, $435,000 in merchandise was purchased on account with credit terms of 1/15, n/45. All discounts were taken. Northwest paid freight-in charges of $8,000. Merchandise with an invoice amount of $4,200 was returned for credit. Cost of goods sold for the year was $373,000. What is ending inventory?

Northwest Fur Co. started the year with $90,000 of merchandise inventory on hand. During the year, $435,000 in merchandise was purchased on account with credit terms of 1/15,n/45. All discounts were taken. Northwest paid freight-in charges of $8,000. Merchandise with an invoice amount of $4,200 was returned for credit. Cost of goods sold for he year was $373,000. What is ending inventory? Multiple Choice $151,492 $155,800. $62,000. $154,487