Bramble Lake Corporation's accounting records show the following at year-end December 31, 2017: Purchase Discounts $6,700 Beginning Inventory Freight-In 8,410 Ending Inventory Freight-Out 11,200 Purchase Returns and Allowances Purchases 162,850 $32,650 29,440 5,000 Assuming that Bramble Lake Corporation uses the periodic system, compute cost of goods purchased and cost of goods sold. Cost of goods purchased Cost of goods sold