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The following information is available for Dennehy Company: Sales Revenue $390,000 Beginning Inventory 45,000 Ending Inventory 37,500 Purchases 270,000 Freight-In 30,000 Purchase Returns and Allowances

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The following information is available for Dennehy Company: Sales Revenue $390,000 Beginning Inventory 45,000 Ending Inventory 37,500 Purchases 270,000 Freight-In 30,000 Purchase Returns and Allowances 15,000 Dennehy's cost of goods sold is $292,500. O $262,000. $285,000 $345,000

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