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Sheridan Toys Company has a balance in inventory of $620200 at the beginning of the month. During the month Sheridan purchases additional inventory of $7652700.

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Sheridan Toys Company has a balance in inventory of $620200 at the beginning of the month. During the month Sheridan purchases additional inventory of $7652700. Sheridan has sales during the month of $9882400 with a related cost of goods sold on these sales of $7387300. What is Sheridan's ending inventory at the end of month? $265400 $8272900. $885600 $8007500

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