TB MC Qu. 8-54 (Algo) Northwest Fur Co. started 2021 with... Northwest Fur Co, started 2021 with $97,000 of merchandise inventory on hand During 2021,$460,000 in merchandise was purchased on account with credit terms of 3/15,n/45. All discounts were taken Purchases were all made fob shipping point. Northwest paid freight charges of $7.800. Merchandise with an invoice amount of $3,600 was returned for credit. Cost of goods 50 old for the year was $360,000 Northwest uses a perpetual inventary system What is ending inventory assuming Northwest uses the gross method to record purchases? Multide Choice 5187508 5201200