Consider the following information: Raw materials inventory, beginning $4,000 Raw materials inventory, ending 3,000. Net Purchases 25,000 Freight out 500% Decrease in Work in Process inventory Wip 1,000 Increase in Finished Goods Inventory FG p- -800 Direct Labor 10,000 Factory overhead 8,500 Sales 80,000 Period Costs 9,000 How much is the cost of goods sold?