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Northwest Fur Co. started the year with $93,000 of merchandise inventory on hand. During the...

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Accounting

Northwest Fur Co. started the year with $93,000 of merchandise inventory on hand. During the year, $450,000 in merchandise was purchased on account with credit terms of 1/15, n/45. All discounts were taken. Northwest paid freight-in charges of $8,000. Merchandise with an invoice amount of $4,800 was returned for credit. Cost of goods sold for the year was $378,000. What is ending inventory?

$153,743.

$168,200.

$163,748.

$72,000.

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