Ken$$s Bait Shop had a beginning balance in its inventory account of $$10,000.$ During the accounting period, Ken$$s purchased $$44,900$ of inventory, obtained $$1,400$ of purchases allowances, and received $$460$ of purchases discounts. Sales discounts amounted to $$740.$ Ken$$s incurred $$1,100$ of transportation$-$in cost and $$360$ of transportation$-$out cost. Selling and administrative cost amounted to $$13,300.$ Cost of goods sold amounted to $$35,900.$