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Ralph's Mini-Mart store in Alpine experienced the following events during the current year: Incurred $270,000 in selling costs. Incurred $180,000 of administrative costs. Purchased $870,000

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Ralph's Mini-Mart store in Alpine experienced the following events during the current year: Incurred $270,000 in selling costs. Incurred $180,000 of administrative costs. Purchased $870,000 of merchandise. Paid $30,000 for transportation-in costs. Took an inventory at year-end and learned that goods costing $140,000 were on hand. This compared with a beginning inventory of $225,000 on January 1. Determined that sales revenue during the year was $2, 600,000. Debited all costs incurred to the appropriate account and credited to Accounts Payable. All sales were for cash. Give the amounts for the following items in the Merchandise Inventory account

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