Ralph's Mini-Mort store in Alpine experienced the following events during the current year ded 1. Incurred $390,000 in selling costs. 2. incurred $1,204,000 of administrative costs 3. Purchased $410,000 of merchandise 4. Pald $52000 for transportation in costs 6. Took an Inventory styear end and learned that goods costing $183,000 were on hand. This compared with a beginning inventory of $297,000 on January 1 6. Determined that sales revenue during the year was $3,077,000. 7. Dobited 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 b Beginning balance (8) Transfers.in (T) Ending balance (ES) Transfers out (TO) Amount 3 297,000 $ 462.000 $ 297,000 $ 462,000 d