Delta Merchandising, Inc The Ending Inventory for the Company at Year End Was

Multiple Choice

Delta Merchandising, Inc. has provided the following information for the year just ended: $$\begin{array} { | l | r | } \hline \text { Net sales } & \$ 128,500 \\\hline \text { Beginning inventory } & 24,000 \\\hline \text { Purchases } & 80,000 \\\hline \text { Gross margin } & 38,550 \\\hline\end{array}$$ The ending inventory for the company at year end was:

A) $9,950.
B) $24,500.
C) $65,450.
D) $14,050.