Mustang Corporation Has Accumulated the Following Accounting Data for the Month

Multiple Choice

Mustang Corporation has accumulated the following accounting data for the month of April: Finished goods inventory, January 1 ………. $3,200
Finished goods inventory, December 31 …... 4,000
Total cost of goods sold ……………………. 14,200
The cost of goods sold for the year is:

A) $169,300.
B) $108,900.
C) $59,700.
D) $120,100.
E) $144,700.