questionAccording to the Ending Inventory Report, how would you calculate the Cost of Sales?
Ending Inventory Report
Administrative Salaries $100,000
Amortization Expense $20,000
Beginning Inventory $75,000
Ending Inventory $60,000
Office Supplies Expense $25,000
Purchases $125,000
Travel and Entertainment Expense $5,000
a. $75,000 - $60,000
b. $75,000 + $125,000 - $60,000 - $20,000
c. $125,000 - $20,000
d. $75,000 + $125,000 - $60,000
e. $75,000 + $125,000 - $60,000 + $20,000