Which of the following describes the accounting principle of "cost contraint"? Select one: O a. The financial statements follow principles similar to those of others in the industry O b. The benefit of providing the information is greater than the cost of providing it O c. All relevant information is supplied to the financial statement user O d. An accounting principle is applied uniformly each year after adoption O e. All financial records are made available to shareholders The following information is available from the Juneau Company's accounting records: Purchases Purchase discount Beginning inventory Ending inventory Freight-out $530,000 10,000 160,000 215,000 40,000 Juneau's Cost of Goods Available for Sale is: Select one: a. $680,000 O b. $735,000 O c. $520,000 O d. $690,000 O e. $720,000 The accounting records of Seattle Outlet include the following for January: Sales Purchases Sales Discounts Freight - In Purchase Returns and Allowances $326,000 $260,000 $6,000 $2,000 $13,000 A physical count determined the cost of inventory on hand at January 31 to be $19,000. If gross profit amounts to 25% of net sales, compute the beginning inventory at January 1. Select one: O a. $21,500 O b. $8,000 O c. $9,000 O d. $10,000 O e. $12,000