Question 2 View Policies Current Attempt in Progress Below is a series of cost of goods sold sections for Ivanhoe Inc., Concord Co., and Jones Inc. Ivanhoe Inc Concord Inc. Jones Inc. $530 $110 (8) $ Beginning inventory Purchases 1,670 1.800 43,100 Purchase returns and allowances 40 (d) $ (h) $ Net purchases (a) s 1.080 41,560 170 le) $ 3,230 (b) $ 1.390 c) $ Freight-in Cost of goods purchased Cost of goods available for sale Ending inventory 2,330 1.500 49.700 480 (6) $ 6,750 Cost of goods sold (c) $ 1.340 42.950 Save for Later Type here to search OBI 99