Assuming the periodic inventory method is used for the current year, the following data were taken from the accounting records:

Document5 - Word (Product Activation Failed) X File Home Insert Design Layout References Mailings Review View Tell me what you want to do. afishomik21@gmail.com Share X Cut Find Calibri (Body) ~ 11 - A A |Aa - |A|: = - = - F . . 3 21 1 AaBbCCD AaBbCcDd AaBbCcDd AaBbCcDd AaBbCcDc AaBbCcDd Paste Copy AaBbCcDd AaBbCcDd AaBbCc AaBbCct Aa B Sac Replace BI U - abe X2 x A- Z . A . = = 1 2. 1 Normal 1 No Spac... Heading 1 Heading 2 Title Subtitle Subtle Em... Emphasis Intense E... Strong Quote Format Painter Select Clipboard Font Paragraph Styles Editing Assuming the periodic inventory method is used for the current year, the following data were taken from the accounting records: Sales $450,000 Sales retums and allowances $15,000 Purchases $250,000 Purchase returns and allowances $4,000 Discount received $2,000 Freight-in $1,000 Beginning inventory $45,000 Ending inventory $65,000 What was the amount for net purchases? Select one: a. $246,000. b. $245,000. Cc. $292,000. d. $435,000. LE (Ctrl) - Page 1 of 1 37 words & English (Australia) - + 120% 12:56 PM Type here to search (?) ~ [) ENG 1/06/2020 E