What is the cost of ending inventory given the following factors?

Opening Inventory +Additions during the year - cost of goods sold

Answer option (c)  >>>>>>>>> $10,000

C.  10,000 

Beg + manufacturing cost - cost of sales

Opening + Manufacturing - Sold = Ending Inventory

5000=10000

Ans " C "

Beginning inventory= 10,000

+ Purchases  =           5,000

- Cost of sales=             7,000

Ending inventory           8,000

Beginning inventory                    =   $5,000

Add:Total production costs       = $60,000

Less:Cost of goods sold           =$55,000

Closing Inventory                        = $10,000 as per option C