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The following information pertains to Leonard's Shoe Manufacturing: Manufacturing costs Shoes manufactured Beginning inventory $1,000,000 100,000 0 pairs There were 99,500 pairs of shoes sold

The following information pertains to Leonard's Shoe Manufacturing: Manufacturing costs Shoes manufactured Beginning inventory $1,000,000 100,000 0 pairs There were 99,500 pairs of shoes sold during the year for $18 each. What is the amount of Leonard's ending finished goods inventory? Round to the nearest dollar. OA. $0 B. $500 OC. $99,500 OD. $5,000 OE. $8,000

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