The following information is available for the Brown Company for 2006: Gross Profit $50,000 Net Sales $450,000 Beginning Inventory $210,000 Ending Inventory $80,000 What was the amount of net...

The following information is available for the Brown Company for 2006:

Gross Profit                                         $50,000

Net Sales                                             $450,000

Beginning Inventory                           $210,000

Ending Inventory                                $80,000

What was the amount of net purchases?

a. $290,000

b. $210,000

c. $270,000

d. $130,000