Saved Exercise 8-3 (Algo) Determining cost of goods sold [LO8-1] The June 30, 2021, year-end trial balance for Askew company contained the following information: Account Inventory, 7/1/2020 Sales revenue Sales returns Purchases Purchase discounts Purchase returns Freight-in Debit Credit 32,200 382,000 12,200 242,000 6,200 10,200 17,400 In addition, you determine that the June 30, 2021, inventory balance is $40,200. Required: Calculate the cost of goods sold for the Askew Company for the year ending June 30, 2021. Cost of goods sold