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Ace Company had a $28,000 beginning inventory and a $36,000 ending inventory. Net sales were $153,000; purchases, $76,000; purchase returns and allowances, $7,000; and freight

Ace Company had a $28,000 beginning inventory and a $36,000 ending inventory. Net sales were $153,000; purchases, $76,000; purchase returns and allowances, $7,000; and freight in, $4,000. Cost of goods sold for the period is OA. $84,000. OB. $65,000 OC. $66,000. O D. $81,000

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