22. West Company has the following account balances: Purchases Sales Returns and Allowances Purchase Discounts Freight-in Delivery Expense $38,000. 4,000. 2,500. 1,875. 2,500. The cost of goods purchased for the period is a. $40,500. b. $37,375. C. $39,875. d. $35,875. 23. Baden Shoe Store had a beginning merchandise inventory of $15,000. During the period, purchases were $80,000; purchase returns, $2,000; and freight-in $5,000. A physical count of inventory at the end of the period revealed that $10,000 was still on hand. The cost of the goods available for sale was. $92,000. a. b. $88,000. P C. $98,000. d. $102,000