Askew Company uses a periodic inventory system. The June 30, 2018 year-end trial balance for the company contained the following information: Debit 33, 3e9 Credit 393,080 Account Merchandise inventory, 7/1/17 Sales Sales returns Purchases Purchase discounts Purchase returns Freight-in 13,309 253,000 7,309 11,309 19,600 In addition, you determine that the June 30, 2018, inventory balance is $41,300. Required: 1. Calculate the cost of goods sold for the Askew Company for the year ending June 30, 2018. 2. Prepare the year-end adjusting entry to record cost of goods sold. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the cost of goods sold for the Askew Company for the year ending June 30, 2018. Cost of goods sold Required 2 > Prey 3 of 16 Next >