A retailer uses the periodic inventory system. At year end, the following information was available: Beginning inventory, 562,000, Freight out, $10,500, Purchase returns, $17.500, Ending inventory, 569,400, Freight in $21,300, and Purchases, $456,000. What was the retailer's cost of goods sold for the year? Select one O a $456,000 Ob 5467 200 Oc$452.400 Od $476,300 Oe $462.900