Big-Co, which uses the periodic method and records purchases at net, has beginning inventory of $200,000. Big-Cos data for 20X1 includes the following: Purchases $150,000 Freight-in 8,000 Purchase discounts lost 7,000 Purchase returns 15,000 If Big-Cos ending inventory is $110,000, what is the amount of COGS in the 20X1 year-end adjusting journal entry? $232,000 $240,000 $233,000 $343,000 $226,000