Question 4 $159,500 $125,000 Cost of Goods Sold Beginning Inventory Add: Purchases Less: Purchase Discounts $17,000 Purchase Returns and Allowances $10,000 Net Purchases Freight-in Cost of Goods Purchased Goods Available for Sale Less: Ending Inventory Total Cost of Goods Sold $98,000 $5,000 $103,000 Based on this portion of an income statement, what is the total goods available for sale? O $115,000 O $377,500 O $262,500 O $56,500