The following information is available from Goodyear Company’s 2022 accounting records:                      Purchases                              P530,000                      Purchase discounts                    10,000                      Beginning inventory                 160,000                       Ending inventory                     215,000                       Freight-out                                40,000 Goodyear’s 2022 cost of goods sold is:   a. 465,000 b. 475,000 c. 505,000 d. 585,000

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