Northwest Fur Company started 2024 with $113,000 of inventory on hand. During 2024, $510,000 in inventory 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 $8,700. Inventory with an invoice amount of $4,200 was returned for credit. Cost of goods sold for the year was $364,000. Northwest uses a perpetual inventory system. What is ending inventory assuming Northwest uses the gross method to record purchases? Muluple Choice $263,500 $267700