If you need help Question 1 O Mark this questior $40,500 $25,500 $500 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 $25,000 $2,500 Based on this information, which of the following is the Cost of Goods Purchased? $37,500