During December 2020 a fire damaged the South Africa co. stores, the following information is available from books:

Purchases 885,000

Purchased discount 35,000

Beginning inventory 350,000

Fright in 25,000

Sales 1,650,000

Sales discount 45,000

Freight out 14,000

Account receivables 700,000

Purchases returns 15,000

Undamaged inventory 28,000

Sales return 85,000

Consigned goods 20,000

The company has the following information for the previous years

2017

2018

2019

sales

800000

1150000

1250000

cost of goods sold

600000

740000

900000