4. The following account titles and balances were taken from the adjusted trial balance of Omar Farm Co. for 2014. The company uses the periodic inventory system. Account Title Sales returns and allowances Miscellaneous expense Transportation-out Sales Advertising expense Salaries expense Transportation-in Purchases Interest expense Merchandise inventory, January 1 Rent expense Merchandise inventory, December 31 Purchase returns and allowances Loss on sale of land Utilities expense Balance S 6,500 800 1,400 139,500 5,500 17,000 3.450 84,000 720 12.400 10,000 8,100 2.500 6,800 1,420 a. Prepare a schedule to determine the amount of cost of goods sold OMAR FARM CO. Schedule of Cost of Goods Sold For the Year Ended December 31, 2014 Cost of goods available for sale Cost of goods sold