Kimmel, Accounting, 6e FINANCIAL & MANAGERIAL (ACC 110 Assignment Gradebook ORIONDownloadable eTextbook ent PRINTER VERST 4 BACK Exercise 5-12 The trial balance of Sunland Company at the end of its fiscal year, August 31, 2017, includes these accounts: Beginning Inventory $18,960; Purchases $218,090; Sales Revenue $192,100; Freight-In $8,400; Sales Returns and Allowances $4,240; Freight-out $2,110; and Purchase Returns and Allowances $8,680. The ending inventory is $24,200. Prepare a cost of goods sold section (periodic system) for the year ending August 31, 2017 SUNLAND COMPANY Income 7:46 PM 3/3/2018 4