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Determine cost of goods sold. Sales Discount RO 2500 Gross Sales 286000 Sales Returns and Allowances 1500 Freight in 1500 Purchase discount 200 Purchases 50000

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Determine cost of goods sold. Sales Discount RO 2500 Gross Sales 286000 Sales Returns and Allowances 1500 Freight in 1500 Purchase discount 200 Purchases 50000 Purchase Returns 1100 Opening Inventory 2200 Closing inventory 5800 cash 58000 car 15000 Select one: a. 61600 b. 50200 c. 46600 d. The correct answer not available e. 44400

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