Question 11 2 pts Using the following information from a company that uses periodic inventory, what is the amount of cost of merchandise sold? (all of the information may or may not be needed) Purchases $32,000 Purchases discounts $960 Merchandise 5,700 Merchandise inventory linventory September september 30 allowances purchases returns and t 1.200 hereht in Freigheid 1,040 Jallowances 26.900 20,530 30,210 28.130