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The following information applied to Concord Corporation for 2017: Merchandise purchased for resale$402000Freight-in8100Freight-out5300Purchase returns2500 Concord's 2017 inventoriable cost was $402000. $407600. $404800. $412900.

The following information applied to Concord Corporation for 2017:

Merchandise purchased for resale$402000Freight-in8100Freight-out5300Purchase returns2500

Concord's 2017 inventoriable cost was

$402000.

$407600.

$404800.

$412900.

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