Help Save & E Northwest Fur Co. started 2021 with $108,000 of merchandise inventory on hand. During 2021, $490,000 in merchandise was purchased on account with credit terms of 3/15, 1/45. All discounts were taken. Purchases were all made to.b. shipping point. Northwest paid freight charges of $8,300 Merchandise with an invoice amount of $4,500 was returned for credit Cost of goods sold for the year was $367,000. Northwest uses a perpetual Inventory system What is ending inventory assuming Northwest uses the gross method to record purchases? Multiple Choice O $239,300. $234,800 $220,175 $220.235 Next > 77 of 83 !!!