had beginning inventory of

$ 24 comma 000$24,000

and ending inventory of

$ 31 comma 000$31,000.

Its net sales were

$ 155 comma 000$155,000

and net purchases were

$ 95 comma 000$95,000.

PutterPutter's

cost of goods sold for the period is

A.

$ 36 comma 000$36,000.

B.

$ 88 comma 000$88,000.

C.

$ 53 comma 000$53,000.

D.

$ 102 comma 000$102,000.