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The following information is available for Sweden Company for its most recent year: Net sales $3,600,000 Freight-in 90,000 Purchase discounts 50,000 Ending inventory 240,000 The

The following information is available for Sweden Company for its most recent year: Net sales $3,600,000 Freight-in 90,000 Purchase discounts 50,000 Ending inventory 240,000 The gross margin is 40% of net sales. What is the cost of goods available for sale? A. $1,680,000 B. $1,920,000 C. $2,400,000 D. $2,440,000

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