Which of the following is true?

A.	The beginning inventory plus the net cost of purchases is equal to the merchandise available for sale.
	B.	Under periodic inventory, the net cost of purchases includes the cost of transportation on merchandise purchased.
	C.	The ending inventory plus the cost of goods sold is equal to the merchandise available for sale.
	D.	The merchandise available for sale less the ending inventory is equal to the cost of goods sold.
	E.	All of the other answers are true