please do this step by step For the Year Ended August $31,2025$

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Purchase Returns and Allowances

Add $vv$

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The trial balance of Oriole Company at the end of its fiscal year, August $31,2025,$ includes these accounts: Beginning Inventory

$$23,300,$ Purchases $$186,330,$ Sales Revenue $$192,400,$ Freight$-$In $$7,890,$ Sales Returns and Allowances $$5,370,$ Freight$-$Out $$3,100,$

and Purchase Returns and Allowances $$7,010.$ The ending inventory is $$22,000.$

Prepare a cost of goods sold section $($periodic system$)$ for the year ending August $31,2025.$

ORIOLE COMPANY

Cost of Goods Sold

For the Year Ended August $31,2025$

Inventory, August $31,2025$

Purchase Returns and Allowances