During the year Bolt's Pet Shop's inventory decreased by $35000. If the company's cost of goods sold for the year was $600000 purchases must have been

A) $565000.
B) $600000.
C) $635000.
D) Unable to determine.

Inventory Decreased

A situation where the quantity of goods available for sale by a business is reduced, typically because of sales or use.

Purchases

The total amount of goods and materials acquired by a business for resale or production within an accounting period.