S2. 10 Compute cost of goods sold for a merchandiser (Learning Objective 5) Given the following information for Circuits Plus, an electronics e-tailer, compute the cost of goods sold. Website maintenance. Delivery expense. Freight-in. Import duties... urchases... Ending inventory.. Revenues.... Marketing expens. Beginning inventory. $7,000 1,000 3,000 1,000 40,000 5,500 ...60,000 10,000 3,500