The town of beetles uses the purchase's method of accounting for its inventory of consumable supplies in the general fund assume that the inventory of supplies reported on the general fund balance sheet at the end of previous fiscal year dec 31, 2023 was $6000 And a physical count as of dec 31 2024 Reveals that the inventory is $18000. Purchases of inventory during 2024 was $110000. purchase of inventory during 2024 was $110000. the amount od expenditure related to inventory for year 1024 will be: $114000 $98000 $110000 $122000