ABC Co's accounting records show the following at the year ending on December 31, 2016 Purchase Discounts 16,500 Freight In Purchases Beginning Inventory Ending Inventory Purchase Returns 22,100 413,000 47,000 57,600 15,600 Using the periodic system, the cost of goods sold is 0 A) $392,400 O B) $423,600 0 C) $403,000 0 D) $413,600