4 of 5 -/1 E The trial balance of Wildhorse Co. at the end of its fiscal year, August 31, 2020, includes these accounts: Inventory $19,000; Purchases $159,000; Sales Revenue $194,000; Freight-In $4,650, Sales Returns and Allowances $3,250; Freight-Out $1,400; and Purchase Returns and Allowances $2,050. The ending inventory is $24,000. Prepare a cost of goods sold section for the year ending August 31 (periodic inventory). Wildhorse Co. Income Statement-cost of goods sold section (periodic system)