Advertising Expense Arthur Tatum , Capital Arthur Tatum , Withdrawals Freight - In Freight - Out Expense Interest Income Merchandise Inventory ( Jan. 1 , 2019 ) Merchandise Inventory 2019 ) Purchases Purchases Returns and Allowances Rent Expense Sales Sales Returns and Allowances Wages Expense $ 14,000 140,000 21,000 7,000 10,000 24,000 68,000 56,000 60,000 4,000 9,000 150,000 19,000 32,000 (Dec.31, From the above information calculate the Cost of goods available for sale .