Given the Following Information for a Retail Company, What Is

Multiple Choice

Given the following information for a retail company, what is the total cost of goods purchased for the period?
$$\begin{array} { l r } \text { Purcheses discounts } & \$ 3,500 \\\text { Transportation-in } & 6,700 \\\text { Ending irventory } & 35,000 \\\text { Gross mercharidise cost } & 304,000 \\\text { Purcheses retirns } & 8,400 \\\text { Begirning irventory } & 27,000 \\\text { Sales discournts } & 10,300\end{array}$$

A) $298,800
B) $290,800
C) $282,100
D) $304,000