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Use this information to answer the following question. Sales 303,000 Sales Returns and Allowances 10,000 Purchases 68,000 Purchases Returns and Allowances 8,000 Freight- In 12,000

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Use this information to answer the following question. Sales 303,000 Sales Returns and Allowances 10,000 Purchases 68,000 Purchases Returns and Allowances 8,000 Freight- In 12,000 Selling Expenses 30,000 General and Administrative Expenses 110,000 In addition, beginning merchandise inventory was $22,000 and ending merchandise inventory was $14,000. Net sales for the period were A. $293,000. OB. $273,00o. C. $213,000. D. $303,000

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