Schumacher Company uses the perpetual inventory system, and it engaged in the following transactions during 2014:

1) Started the business by issuing common stock for $7,920 cash

2) Paid cash to purchase $5,140 of inventory

3) Sold inventory that cost $3,210 for $7,670 cash

4) Incurred and paid operating expenses, $264

Schumacher Company engaged in the following transactions during 2015:

1) Paid cash to purchase $6,150 of inventory

2) Sold inventory that cost $7,420 for $15,990 cash

3) Incurred and paid operating expenses, $528

The gross margin for the year 2014 is:

Part.B

Schumacher Company uses the perpetual inventory system, and it engaged in the following transactions during 2014:

1) Started the business by issuing common stock for $7,800 cash

2) Paid cash to purchase $5,100 of inventory

3) Sold inventory that cost $3,150 for $7,550 cash

4) Incurred and paid operating expenses, $260

Schumacher Company engaged in the following transactions during 2015:

1) Paid cash to purchase $6,050 of inventory

2) Sold inventory that cost $7,300 for $15,750 cash

3) Incurred and paid operating expenses, $520

The balance in the Merchandise Inventory account at December 31, 2014 is

Part C:

Baxter Company's merchandise inventory at the start of 2014 was $85,000. The company purchased inventory during 2014 in the amount of $323,000, and its inventory at the end of the year was $102,000.

What was Baxter's Cost of Goods Available for Sale for the year 2014?