Assuming the periodic inventory method is used

for the current year, the following data was taken

from the accounting records:

Sales $$450000$

Sales Returns and Allowances $$15000$

Purchases $$250000$

Purchase Returns and Allowances $$4000$

Discount Received $$2000$

Freight$-$in $$1000$

Beginning Inventory $$45000$

Ending Inventory $$65000$

What was the amount for net purchases?

$$245000.$ THIS IS NOT THE ANSWER

$$246000.$

$$435000.$

$$292000.$