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For last month, the following data were taken from the ledger of Drillbit Inc.: Beginning Inventory $ 25,000 Ending Inventory $19,000 Freight In $1, 500
For last month, the following data were taken from the ledger of Drillbit Inc.: Beginning Inventory $ 25,000 Ending Inventory $19,000 Freight In $1, 500 Purchases $125,000 Purchase Discounts $50 Purchase Returns and Allowances $1,000 What was the total cost of goods sold? (please enter your answer without dollar signs, decimals and commas)
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