Question 15 1 pts From the following details of a merchandiser, calculate the cost of Goods Sold. (Assume the merchandiser uses the periodic inventory system.) Net Sales Purchases Purchase Returns and Allowances Purchase Discounts Freight in Beginning Merchandise Inventory Ending Merchandise Inventory $200,000 91,000 1900 1350 61.000 36.000 $114,300 $62.750 $53,300 $112.750