At the Beginning of September 2016 Astrid Company Reported Inventory

Multiple Choice

At the beginning of September 2016 Astrid Company reported Inventory of $8500. During the month the company made purchases of $35000. At September 30 2016 a physical count of inventory reported $8200 on hand. Cost of goods sold for the month is

A) $35300.
B) $35000.
C) $34700.
D) $43500.