The following account balances (normal balances) were taken from the journal entry used to transfer various merchandise amounts under a periodic inventory system into the Cost of Goods Sold account Cost of Goods Sold Inventory beginning Freight in Purchase Discounts Purchases Purchase Return $200,000 79.000 5.500 4,000 145,000 5,700 Based on the above facts, what was the ending inventory? Select one: O a $39,200 O b. $8,800 O c $19,800 O d. $21.500 e $29,500 During the year, the Jackson Company reported a decrease in liabilities of $44,300. For the year, revenues were $138.100, expenses were $197.600, and dividends were $71,000. During the year, $37.000 in common stock was issued. There were no other changes in equity. What was the decrease in assets for the year? Select one a. $49,200 O b. 5123,200 c. $211,800 O d. $137.800 O e $69,800