Saved EXIT 17 The following information for the year Year 1 is taken from the accounts of Tuttle Company. The company uses the periodic inventory method. Inventory, December 31, Year 1 Purchases Purchase returns and allowances Purchase discounts Freight on goods purchased under terms FOB shipping point Freight on goods sold under terms FOB destination Cost of goods sold $ 9,300 41,300 730 530 1,730 930 29,700 Based on this information, the inventory at December 31, Year 2 is Multiple Choice O $21,370. O $19,140