Presented here are selected transactions for Alpine Tours Inc. during September of the current year. Alpine Tours uses a perpetual inventory system. Alpine Tours estimates a return rate of 5% based on past experience.

Sept.	2		Purchased equipment on account for $71,000, terms n/30, FOB destination.
	3		Freight charges of $1,040 were paid by the appropriate party on the September 2 purchase of equipment.
	4		Purchased supplies for $3,600 cash.
	6		Purchased inventory on account from Winterholt Company at a cost of $64,600, terms 1/15, n/30, FOB shipping point.
	7		Freight charges of $1,600 were paid by the appropriate party on the September 6 inventory purchase.
	8		Returned damaged goods costing $5,300 that were originally purchased from Winterholt Company on September 6. Received a credit on account.
	9		Sold goods costing $14,400 to Fischer Limited for $20,300 on account, terms n/30, FOB destination.
	10		Freight charges of $380 were paid by the appropriate party on the September 9 sale of inventory.
	17		Received the balance due from Fischer.
	20		Paid Winterholt Company the balance due.
	21		Purchased inventory for $6,500 cash.
	22		Sold inventory costing $21,800 to Kun-Tai Inc. for $29,700 on account, terms n/30, FOB shipping point.
	23		Freight charges of $600 were paid by the appropriate party on the September 22 sale of inventory.
	28		Kun-Tai returned goods sold for $960 that cost $770. The merchandise was restored to inventory.

(b)

Incorrect answer iconYour answer is incorrect.

Determine Alpine Tourss sales and cost of goods sold for September.

Sales		$
Cost of goods sold		$