Kemuning Jaya store had a beginning merchandise inventory of RM30,000. During the period, purchases were RM100,000, purchases returns RM4,000 and carriage inwards RM8,000. A physical count of...

Kemuning Jaya store had a beginning merchandise inventory of RM30,000. During the period, purchases were RM100,000, purchases returns RM4,000 and carriage inwards RM8,000. A physical count of inventory at the end of the period revealed that RM20,000 was still on hand. The cost of goods available for sale was

RM114,000

RM154,000

RM134,000

RM104,000