1 Given the following information for a retailer, compute the cost of goods sold Click the icon to view the data) Data Table Calculation of Cost of Goods Sold Cost of goods sold Plus Ending inventory ...........$ 5,400 Website maintenance $ 7,700 Revenues $ 68,000 Freight-in $3,200 Import duties $ 1,600 Marketing expenses $ 9,800 Delivery expenses $ 1,400 Purchases $ 40,000 Beginning Inventory $ 3,700 Less: Cost of goods sold