Richardson Stationary Supplies is planning on a major expansion. In order for this expansion to proceed smoothly they are reevaluating their operation policies. One area that is of concern is the inventory policies. They gathered the following pieces of data for 2015. Sales $ 620,000 Beginning Inventory $ 101,500 Ending Inventory $ 98,700 Cost of Goods Sold $ 498,000 1. What was Richardson’s average inventory for 2015? A. $98,700 B. $100,100 C. $101,500 D. $200,200