Beginning Inventory $164,000 Add: Purchases $79,000 Less: Purchase Discounts $6,500 Purchase Returns and $4,500 Allowances Net Purchases $68,000 Freight-in $13,500 Cost of Goods Purchased $81,500 Goods Available for Sale $245,500 Less: Ending Inventory $83,000 Total Cost of Goods Sold What is the Total Cost of Goods Sold, according to the information above