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Yellow Co. had the following information for 2016: Purchases $110,000 Freight-Out 5,000 Beginning Inventory 8,000 Ending Inventory 6,000 What amount should Yellow report as cost

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Yellow Co. had the following information for 2016: Purchases $110,000 Freight-Out 5,000 Beginning Inventory 8,000 Ending Inventory 6,000 What amount should Yellow report as cost of goods sold for the year? A. $117,000 B. Cannot be determined from the information given. C. $112,000 D. $111.000 Reset Selection

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