Cost of Goods Sold Beginning Inventory $1,155.40 Plus: Net Purchases $335.5? Ililost of Goods Available for Sale $2,040.91 Less: Ending Inventory Estimated at 50% of Beginning Inventory $1,000.00 COGS Estimated at a 5% Increase from 2012 51.0403? Gross Inme (2096 of Sales) 31.0403