QUESTION 12 Beginning inventory is $30,000. Purchases of inventory during the year are $50,000. Cost of goods sold is $60,000. What is ending inventory? o $20,000. O $30,000. O $10,000. o $50,000. QUESTION 13 Beginning inventory is $40,000, Purchases of inventory during the year are $200,000. Ending inventory is $1 f inventory during the year are $200,000. Ending inventory is $100,000. What is cost of goods sold? O$340,000. O$240,000. O$260,000. $140,000