Classic Car Parts,Inc A)$23,300
B)$18,700
C)$20,700
D)$20,000

Classic Car Parts,Inc.uses a periodic inventory system.From the following details,calculate net purchases. $$\begin{array} { | l | r| } \hline \text { Beginning merchandise inventory } & \$ 2,000 \\\hline \text { Ending merchandise inventory } & 2,300 \\\hline \text { Purchases } & 21,000 \\\hline \text { Purchase Discounts } & 1,000 \\\hline \text { Purchase Returns and Allowances } & 1,300 \\\hline \text { Freight In } & 4,400 \\\hline\end{array}$$

A) $23,300
B) $18,700
C) $20,700
D) $20,000