Question 52 (2 points) The Emily Elizabeth Co. is a merchandise company. At year-end the company reported the following information: Cost of Goods Sold $80,000 Inventory Purchases $120,000 Purchase Discounts $8,000 Sales Discounts Beginning Inventory $10,000 Purchase Returns Sales Revenue Based on the information, the ending balance in the merchandise inventory account $5,000 $20,000 $300,000 is