6. In July 2012, Orange Pty Ltd had 100 items of inventory which had cost $50 each. During the year ended 30 June 2013, it purchased 1500 items at a cost of $50 each. Of these, 200 were returned to the supplier as they were damaged. During the year, 1200 items were sold for $80 each, but 50 were returned by customers. What was COGS for the year? Select one: a. $4?,500 b. $5?,500 c. $60,000 d. $62,500