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Stone Beauty, Inc. is a merchandiser of stone ornaments. The company sold 8000 units during the year. The company has provided the following information: Sales

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Stone Beauty, Inc. is a merchandiser of stone ornaments. The company sold 8000 units during the year. The company has provided the following information: Sales Revenue $559,000 Purchases (excluding freight in) 303,000 Selling and Administrative Expenses 67.000 Freight in 14,000 Beginning Merchandise Inventory 46,000 Ending Merchandise Inventory 43,000 What is the cost of goods available for sale for the yea $363.000 $349,000 $335.000 $320,000

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