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Walker Company Provides the Following Information What Is the Cost of Goods Available for Sale?
A)

Question 78

Multiple Choice

Walker Company provides the following information:  Beginning Inventory $119,000 Purchases 510,000 Freight-In 24,000 Freight-Out 19,000 Purchase Discounts 5,200 Purchase Returns 8,000 Ending Inventory 130,000\begin{array} { | l | r | } \hline \text { Beginning Inventory } & \$ 119,000 \\\hline \text { Purchases } & 510,000 \\\hline \text { Freight-In } & 24,000 \\\hline \text { Freight-Out } & 19,000 \\\hline \text { Purchase Discounts } & 5,200 \\\hline \text { Purchase Returns } & 8,000 \\\hline \text { Ending Inventory } & 130,000 \\\hline\end{array}
What is the cost of goods available for sale?


A) $639,800
B) $658,800
C) $769,800
D) $672,000

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