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Question Completion Status: Moving to another question will save this response Question 9 Jones Co. uses the periodic Inventory method and the following are provided

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Question Completion Status: Moving to another question will save this response Question 9 Jones Co. uses the periodic Inventory method and the following are provided for it for the accounting period just ended Sales $50,000 Purchases 40,000 Transportation in 1,500 Transportation-out 2.500 Beginning inventory 12.000 Ending inventory 14,000 What amount of Cost of Goods Sold should jones report on its income statement? $39.500 $38,000 $43,500 $42.000 Moving to another question will save this response esc go z $ 1 5

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