QUESTION 27 2 poir Young, Inc. estimates the cost of its physical inventory at March 31 for use in an interim financial statement. Cost of goods sold are 80% of sales. The following account balances are available: Inventory, March 1 $440,000 Purchases 344,000 Purchase returns 16,000 Sales during March 600,000 The estimate of the cost of inventory at March 31 would be OA OB. $288,000 C. $318,000 D. $224,000