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20 points)Assume that Vangundy Company uses a periodic inventory systerm and Freight-in $22,000; beginning inventory of $45,000; ending inventory S800,000: and Sales returns of $20,000.

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20 points)Assume that Vangundy Company uses a periodic inventory systerm and Freight-in $22,000; beginning inventory of $45,000; ending inventory S800,000: and Sales returns of $20,000. Selling and Administrative and has these account A. Determine the cost of goods sold. Show all work of $50,000; Sales of ve expenses are $115,000. Show all work throughout!!! Purhae boo0 Fre sht-in 22w Bend-ginv ei le soles etin 000. 2 wa 0000 20oDD o/0000

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