Check my work Russell Retail Group begins the year with inventory of $49,000 and ends the year with inventory of $39.000. During the year, the company has four purchases for the following amounts. Purchase on February 17 Purchase on May 6 Parehase on September 8 Purchase on December 4 5204,000 126,000 154,000 404,000 eBook Required: Calculate cost of goods sold for the year. References Beginning inventory Add: Purchases Cost of goods available for sale Less: Ending inventory Cost of goods sold