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Question Unit 3 Tutorials $235,000 $101,000 Cost of Goods Sold Beginning Inventory Add: Purchases Less: Purchase Discounts $1,500 Purchase Returns and Allowances $4,500 Net Purchases

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Question Unit 3 Tutorials $235,000 $101,000 Cost of Goods Sold Beginning Inventory Add: Purchases Less: Purchase Discounts $1,500 Purchase Returns and Allowances $4,500 Net Purchases Freight-in Cost of Goods Purchased Goods Available for Sale Less: Ending Inventory Total Cost of Goods Sold $95,000 $7,500 Calculate the cost of goods purchased. o $83,000 O $128.000 O $12.000 O $102,500 000 Ooo F4 80 F3 00 77 DU 5 F6 F2 F5

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