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Question 14 0.5 pts A company's accounting records show the following account balances: Sales $500,000 Purchases 350,000 Beginning Inventory 23,000 Ending Inventory 30,000 Purchase Returns

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Question 14 0.5 pts A company's accounting records show the following account balances: Sales $500,000 Purchases 350,000 Beginning Inventory 23,000 Ending Inventory 30,000 Purchase Returns and Allowances 6,000 Using the periodic system, the cost of goods sold is $337,000. $163,000. $351,000 $367,000 $344,000

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