Question - Julia owns a gift shop. She starts the year with $50,000 of inventory, ends the year with $40,000 of inventory, has $500,000 of sales during the year, and has Cost of Goods Sold of $410,000 during the year. How much inventory did Julia purchase during the year?
A. 320,000
B. 360,000
C. 370,000
D. 400,000
E. 450,000