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The following information is available for Naab Company for 2020: Freight-in Purchase returns Selling expenses Ending inventory $ 60,000 150,000 460,000 520,000 The cost of goods sold is equal to 300% of selling expenses. What is the cost of goods available for sale? Blair Company purchased equipment for $35,000. Sales tax on the purchase was $350. Other costs incurred were freight charges of $400, insurance during shipping of $ 75, insurance of $650 for equipment after it is put into operations, and installation costs of $525. What is the cost of the equipment? O $35,000 $35,750 $36,350 $37,000 Wilkinson Corporation factored, with recourse, $400,000 of accounts receivable with Huskie Financing. The finance charge is 3%, and 5% was retained to cover sales discounts, sales returns, and sales allowances. Wilkinson estimates the recourse obligation at $9,600. What amount should Wilkinson report as a loss on sale of receivables? $0 $12,000 $21,600 $41,600