Please answer problem #18, SHOWING ALL WORK ACCORDINGLY ON ALL PARTS. Thank you!

The trial balance of Oriole Company at the end of its fiscal year, August 31, 2022, includes these accounts: Inventory $ 31,000; Purchases $ 155,600; Sales Revenue $ 198,000; Freight-In $8,700; Sales Returns and Allowances $4,600: Freight-Out $1,500; and Purchases Returns and Allowances $ 6,400. The ending inventory is $ 23,000. Prepare a cost of goods sold section for the year ending August 31. ORIOLE COMPANY Income Statement (Cost of Goods Sold section - Periodic system) $ 4 . + $