Fairway Corporation had beginning inventory of $22,000 and ending inventory of $28,000. Its net sales were $165,000 and net purchases were $93,000. Fairway's cost of goods sold for the period is A. $99,000. B. $66,000. C. $50,000. OD. $87,000.

Fairway Corporation had beginning inventory of $22,000 and ending inventory of $28,000. Its net salos were $165,000 and net purchases were $93,000. Fairway's cost of goods sold for the period is A. $99,000. B. $66,000 C. $50,000. D. $87,000