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Current Attempt in Progress The trial balance of Cheyenne Corp. at the end of its fiscal year, August 31, 2022, includes these accounts: Beginning inventory

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Current Attempt in Progress The trial balance of Cheyenne Corp. at the end of its fiscal year, August 31, 2022, includes these accounts: Beginning inventory $23,570; Purchases $224,020: Sales Revenue $185,200; Freight-In $9.770: Sales Returns and Allowances $4,400, Freight-Out $2,330; and Purchase Returns and Allowances $5,460. The ending inventory is $22,700. Prepare a cost of goods sold section (periodic system) for the year ending August 31, 2022. Cheyenne Corp. Income Statement $

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