Given the following information for a retailer compute the cost
Given the following information for a retailer, compute the cost of goods sold.
Ending inventory........................................................................................................ $ 5,500
Website maintenance.................................................................................................. $ 7,300 Revenues.................................................................................................................... $ 63,000
Freight- in.................................................................................................................. $ 3,300
Import duties.............................................................................................................. $ 700
Marketing expenses................................................................................................... $ 12,000
Delivery expenses...................................................................................................... $ 1,600 Purchases.................................................................................................................... $ 45,000
Beginning inventory................................................................................................... $ 3,600

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