From the following details of a merchandiser, calculate the cost of goods sold. (Assume the merchandiser uses the periodic inventory system.) Net Sales Revenue Purchases Purchase Returns and Allowances Purchase Discounts Freight In Beginning Merchandise Inventory Ending Merchandise Inventory $215,000 91.000 1,600 1.300 1,750 60,000 36,000 OA. $53,850 ? B. $112,100 O C. $64,100 OD. $113,850