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For the current fiscal year, Purchases were $ 7 0 7 , 2 0 0 , Purchases Returns and Allowances were $ 2 0 ,

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For the current fiscal year, Purchases were $707,200, Purchases Returns and Allowances were $20,800, Purchases Discounts were $6,000 and Freight In was $43,200. If the beginning merchandise inventory was $216,000 and the ending merchandise inventory was $227,900, the Cost of Goods Sold is:
Multiple Choice
$625,300.
$481,300.
$490,300
$711,700.
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