The following information was taken from the 2011 income statement of Ultimate Sales: Pretax income, $12.000; Total operating expenses (not including income taxes). $21,000: Sales revenue, $120,000; Beginning inventory, $11,000, and Purchases, $90,000, Compute the amount of the ending inventory for the company Multiple Choice O O $12.000 $14,000 $87,000 $16,000 None of the other alternatives are correct