Sarah Business uses a periodic inventory system, the September 30, 2019, year-end trial balance for the company contained the following information:

Account	Debit	Credit
Merchandise inventory Oct. 1	55,200
Purchase	414,000
Purchase returns		17,250
Purchase discounts		10,350
Sales		655,500
Sales returns	20,700
Freight-in	29,325

In addition, you determine that on September 30, 2019, the inventory balance is 69,000.

Calculate the cost of goods sold for Sarah's business for the year ending September 30, 2019.