The Following Relate to Data Original in 2012 A)$120,000
B)$140,000
C)$210,000
D)$260,000
E)none of the Answers Are Correct

The following relate to Data Original in 2012.What is the ending inventory?
$\begin{array}{llcc} \text { Purchases } &\$540,000 \\ \text { Beginning Inventory } &80,000\\ \text { Purchase Returns } &10,000\\ \text { Sales} &800,000\\ \text { Cost of Goods Sold } &490,000\\\end{array}$

A) $120,000
B) $140,000
C) $210,000
D) $260,000
E) none of the answers are correct

Correct Answer:

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