Question

Stear Corp. has an opening inventory of $2,500. During the year, it made purchases worth $55,000. at the end of the accounting period, the inventory was worth $1,250. what was the cost of goods sold? A.) $57,500 B.) $56,250 c.) $53,750 D.) $55,000

Answer 1

Answer:

B

Step-by-step explanation: