Saved Help Save & Exit Subn Cinnamon Buns Co. (CBC) started 2021 with $53,300 of merchandise on hand. During 2021, $291,000 in merchandise was purchased on account with credit terms of 3/10 n/30. All discounts were taken. Purchases were all made fo.b. shipping point. CBC paid freight charges of $10,100. Merchandise with an invoice amount of $2,500 was returned for credit. Cost of goods sold for the year was $309,000. CBC uses a perpetual inventory system What is cost of goods available for sale, assuming CBC uses the gross method? Multiple Choice $343,245. $351,900 $323,045. $354,400