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Bill is a national grocery chain. Selected balance sheet data follows (all balances are normal): Selected Balance Sheet Data in thousands June 31, 2021 June

Bill is a national grocery chain. Selected balance sheet data follows (all balances are normal):

Selected Balance Sheet Data in thousands

June 31, 2021

June 31, 2020

Inventories

$ 172,481

$ 160,987

Accounts payable

110,685

115,492

During its year ending June 31, 2021, Bill purchased, $3,551,723 of inventory for sale in its stores. How much did Bill recognize/record as cost of goods sold for the year ended June 31, 2021? (enter the amount as a whole number without $ or , or .)

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