Bristol Retail Group begins the year with inventory of $57,000 and ends the year with inventory of $47.000. During the year, the company has four purchases for the following amounts. Purchase on February 17 Purchase on May 6 Purchase on September 8 $212,000 132,000 162,000 412,000 $ 57,000 Purchase on December 4 Required: Calculate cost of goods sold for the year. Beginning inventory Cost of goods available for sale Cost of goods sold A