10:42 AA s7.lite.msu.edu Timer Notes Evaluate Feedback Print X Company is a merchandiser. It incurred the following costs in 2019: Equipment $10,844 rental Merchandise 80,772 purchases Utility costs 23,246 Warehouse 35,083 costs Employee salaries 18,491 Advertising costs 14,121 Insurance 28,294 Supply costs 10,204 Miscellaneous operating 18,821 costs costs The Merchandise Inventory account had a January 1 balance of $45,718 and a December 31 balance of $13,146. What was Cost of Goods Sold in 2019? Submit Answer Tries 0/3 Communication Blocked Send Feedback