Firm X purchased $30,000 worth of irventory when they opened for business, adding to the $21,500 induded in the acquisition. At the end of the first quarter, inventory was vali at $23,000. What was cost of goods sold (COGS) for the quarten? Antwer Show wour mork or i cave a comment Firm X purchased $30,000 worth of irventory when they opened for business, adding to the $21,500 induded in the acquisition. At the end of the first quarter, inventory was vali at $23,000. What was cost of goods sold (COGS) for the quarten? Antwer Show wour mork or i cave a comment