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The following information applied to Fenn, inc. for the current year:

Merchandise purchased for resale $$400,000$

Freight in

$10\mathrm{.}060$

Freight out

$5\mathrm{.}000$

Purchase returns

$2\mathrm{.}600$

Fenn's current year inventoriable cost was:

A$.$ $$400,000$

B$.$ $$403,000$

C$.$ $$408,000$

D$.$ $$413,000$