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Ralphs Mini-Mart store in Alpine experienced the following events during the current year: 1. Incurred $381,000 in selling costs. 2. Incurred $1,218,000 of administrative costs.

Ralphs Mini-Mart store in Alpine experienced the following events during the current year:

  1. 1. Incurred $381,000 in selling costs.
  2. 2. Incurred $1,218,000 of administrative costs.
  3. 3. Purchased $393,000 of merchandise.
  4. 4. Paid $54,000 for transportation-in costs.
  5. 5. Took an inventory at year-end and learned that goods costing $208,000 were on hand. This compared with a beginning inventory of $313,000 on January 1.
  6. 6. Determined that sales revenue during the year was $3,057,000.
  7. 7. Debited all costs incurred to the appropriate account and credited to Accounts Payable. All sales were for cash.

Required:

Give the amounts for the following items in the Merchandise Inventory account:

Beginning Balance (BB):

Transfer-in (TI):

Ending Balance (EB):

Transfers-Out (TO):

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