"Y" Company began the accounting period with $60,000 of merchandise, and net cost of purchases was $240,000. A physical inventory showed $72,000 of merchandise unsold at the end of the period. The cost of goods sold of Y Company for the period is: Select one: O a. $252,000. O b. $228,000. O c. $168,000. O d. $300,000. ABC issued 12,000 shares and subsequently reacquired 2,000 shares as treasury stock. The following year, ABC Corporation declared a regular dividend of $2 per share. What would be the total amount of the dividend expense? Select one: O a. $28,000 O b. $24,000 O c. $20,000 O d. $4,000