Use the Information Below to Answer the Following Questions:
the

Use the information below to answer the following questions:
The following information is taken from the accounts of Arc Ltd for the year ended 30 June 2012 .
$\begin{array}{lr} & \$ \\ \text { Inventory, 1 July 2011 } & 90,000 \\ \text { Inventory, 30 June 2012 } & 95,000 \\ \text { Creditors, 1 July } 2011 & 70,000 \\ \text { Creditors, 30 June } 2012 & 60,000 \\ \text { Cash purchases } & 190,000 \\ \text { Cost of goods sold } & 420,000 \\ \text { Discount received from creditors } & 15,000\end{array}$
-What was the value of inventory purchased during the year?

A) $420 000
B) $425 000
C) $430 000
D) $200 000.