Given the following information for a retail company, what is the total cost of goods purchased for the period? Purchases discounts Transportation-in Ending inventory Gross merchandise cost Purchases returns Beginning inventory Sales discounts $ 3,700 6,700 37,000 320,000 8,700 31,000 10,700 O O O O $314,300 $308,300 $297,600 $320,000 ACCOUI INTERMI 1 Retur AMAZON