Shown here are annual financial data at December 31, 2011, taken from two different companies. Pinnacle Retail Slope Board Manufacturing Beginning inventory Merchandise $ 150,000 Finished goods $300,000 Cost of purchases 250,000 Cost of goods manufactured 586,000 Ending inventory Merchandise 100,000 Finished goods 200,000 Required: Compute the cost of goods sold during the year 2011 for each company. Pinnacle Retail Slope Board Manufacturing Cost of goods sold $ $