Cost of Goods Sold Beginning Inventory Add: Purchases Less: Purchase Discounts Purchase Returns and Allowances Net...

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Cost of Goods Sold Beginning Inventory Add: Purchases Less: Purchase Discounts Purchase Returns and Allowances Net Purchases Freight-in Cost of Goods Purchased Goods Available for Sale Less: Ending Inventory Total Cost of Goods Sold $162,750 $162,500 $162,850 $6,500 $163,100 $4,500 $79,000 $68,000 $13,500 $81,500 What is the Total Cost of Goods Sold, according to the information above? $164,000 $245,500 $83,000 Cost of Goods Sold Beginning Inventory Add: Purchases Less: Purchase Discounts Purchase Returns and Allowances Net Purchases Freight-in Cost of Goods Purchased Goods Available for Sale Less: Ending Inventory Total Cost of Goods Sold $162,750 $162,500 $162,850 $6,500 $163,100 $4,500 $79,000 $68,000 $13,500 $81,500 What is the Total Cost of Goods Sold, according to the information above? $164,000 $245,500 $83,000

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