Kelly reviewed the following expanded income statement to ensure that all accounts were accurate and up to date. Cost of Goods Sold Beginning Inventory $39,500 Add: Purchases $10,000 Less: Purchase Discounts $330 Purchase Returns and Allowances $425 Net Purchases $9,245 Freight-in $5,000 Cost of Goods Purchased $14,245 Goods Available for Sale $53,745 Less: Ending Inventory $15,000 Total Cost of Goods Sold Based on the portion of an expanded income statement above, the Total Cost of Goods Sold is__________. a.) $82,990 b.) $38,745 c.) $78,245 d.) $68,745