Question: Can you explain the correct approach to solve this general accounting question? Zenith Co. had a beginning inventory of $25,000 and an ending inventory of

Can you explain the correct approach to solve this general accounting question?

Zenith Co. had a beginning inventory of $25,000 and an ending inventory of $32,000. During the year, net sales were $150,000, purchases totaled $60,000, there were purchase returns and allowances of $4,000, and freight-in charges were $6,000. What is the cost of goods sold (COGS) for the period

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