Question 17 2.75 points Saved Based on the information provided below.compute the amount to be reported as cost of goods sold for a company that maintains its inventory account using the periodic method of inventory Beginning inventory $150,000 Purchases $300,000 Sales Revenue $400,000 Purchases Retums. $20,000 Ending Inventory (based on physical count) $100,000 280000 Moving to another question will save this response Question 17 of 35 acer