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The following information has been provided for the year to 31 December 20X2 for Barney....

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Accounting

The following information has been provided for the year to 31 December 20X2 for Barney. Sales for the year Inventory at 1 January 20X2 Inventory at 31 December 20X2 Operating expenses Gross margin 55,000 2,400 7,200 20,350 40% What is the total of Barneys purchases in the year? a) 17,450 b) 37,800 c) 22,000 d) 3,050

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