Now calculate the cost of goods sold. West Nautical Company Calculation of Cost of Goods Sold For Current Year Beginning finished goods inventory Plus: Cost of goods manufactured Cost of goods available for sale Less: Ending finished goods inventory Cost of goods sold Choose from any list or enter any number in the input fields and then click Check Answer. All parts showing Type here to search I 20,000 most recent year using the amounts described next. Assume that Raw Materials Inventory contains only direct materials. i Data Table Raw materials inventory Work in process inventory. Finished goods inventory Purchases of direct materials Direct labor. Indirect labor 99+ Clear All Beginning of Year End of Year 23,000 $25,000 $ $ $ Insurance on plant.. 35,000 $ 31,000 Depreciation-plant building and equipment 20,000 $ 22,000 Repairs and maintenance-plant $ 74,000 Marketing expenses $ 86,000 General and administrative expenses $ 42,000 Print Done HW Score: 7 Home End of Year X $ 11,500 $ 13:400 $ 3,700 $ 77,000 $ 25,500 Check Anes