Accounting Question

Answer is not 454,500

Cost of goods sold Based on the following data, determine the cost of goods sold for November: Estimated returns of November sales $14,500 Inventory, November 1 28,000 Inventory, November 30 31,500 Purchases 475,000 Purchases returns and allowances 15,000 Purchases discounts 9,000 Freight in 7,000 $ 454,500