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On October 1, 2020: Blue Ocean Inc had Begining Inventory of $30,000. Blue Ocean purchased another $200,000 inventory during October 2020. At the end of

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On October 1, 2020: Blue Ocean Inc had Begining Inventory of $30,000. Blue Ocean purchased another $200,000 inventory during October 2020. At the end of October 2020 Blue Ocean counted Ending Inventory worth of $50,000 What is the Cost of the Goods Sold (COGS) for October 2020? Multiple Choice $130,000 $180,000 $250.000 $30,000 $180.000 $250,000 280.000

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