T Wholesale Company began the year with inventory of \($8,000.\) During the year, T purchased \($90,000\) of goods and returned \($6,000\) due to damage. T also paid freight charges of \($1,000\) on inventory purchases. At year-end T's adjusted inventory balance stood at \($1\) 1,000. T uses the periodic inventory system. Compute T's cost of goods sold for the year.