The following information is available for Coronado Company: Sales Revenue $ 391000 Freight-In 29800 Ending Inventory 36900 Purchase Returns and Allowances 14900 Purchases 269400 Beginning Inventory 44600 Coronado's cost of goods sold is O $346400 O $284300. O $262200 O $292000. In the Sunland Company, sales were $ 763000, sales returns and allowances were $ 25000, and cost of goods sold was $ 424350. The gross profit rate was O 41.1% O 42.5% 0 46.1% 0 44.496 Sheffield Company uses a perpetual inventory system and made a purchase of merchandise on credit from Pharoah Corporation on August 3, for $9100, terms 2/10, 1/45. On August 10, Sheffield makes the appropriate payment to Pharoah. The entry on August 10 for Sheffield Company is 9100 Accounts Payable Cash 9100 Accounts Payable 8918 Cash 8918 9100 Accounts Payable Purchase Returns and Allowances 182 Cash 8918 Accounts Payable 9100 Inventory 182 Cash 8918 Current Attempt in Progress During 2018, Bramble Enterprises generated revenues of $ 88000. The company's expenses were as follows: cost of goods sold of $ 45000, operating expenses of $ 24000 and a loss on the sale of equipment of $ 3300. Bramble's income from operations is O $19000 O $ 88000 O $ 45000 O $24000 When the physical count of Bramble Company inventory had a cost of $ 4460 at year end and the unadjusted balance in Inventory was $ 4650, Bramble will have to make the following entry: O 4650 Cost of Goods Sold Inventory 4650 O Inventory 190 Cost of Goods Sold 190 Income Summary 190 190 Inventory Cost of Goods Sold 190 190 Inventory