Calculator | $911 2,507 51,097 Using the following information, what is the cost of goods sold? Purchases $30,307 Selling expense Inventory, September 1 5 ,076 Inventory, September. 30 Administrative expense 779 Sales Rent revenue 1,122 Interest expense a. $29,437 b. $1,163 c. $17,442 Od. $32,876 1,163 Calculator Using the following information for a periodic inventory system, what is the amount of net income? Purchases $33,242 Selling expense $946 Inventory, September 1 6,332 Inventory, September 30 10,690 Administrative expense 812 Sales 58,350 Rent revenue 1,234 Interest expense 853 Oa. $853 Ob. $28,089 c. $28,884 d. $31,915