Horse Creek Company Had Beginning Inventory of $900,000,purchases of $2,000,000,purchase

Multiple Choice

Horse Creek Company had beginning inventory of $900,000,purchases of $2,000,000,purchase returns of $50,000,ending inventory of $800,000,beginning accounts payable of $200,000 and ending accounts payable of $100,000.What was the cost of goods sold?

A) $2,050,000
B) $1,950,000
C) $2,150,000
D) $1,900,000