-signment Question 10 of 19 < > View Policies -/4 1 Current Attempt in Progress The adjusted trial balance of A. Pharoah Company at the end of its fiscal year, August 31, 2022, includes these accounts: Inventory $19,000; Purchases $159,000; Sales Revenue $194,000; Freight-In $4,650; Sales Returns and Allowances $3,250; Freight-Out $1,400; and Purchase Returris and Allowances $2,050. The ending inventory is $24,000. Prepare a cost of goods sold section on the income statement for the year ended August 31, 2022 (periodic inventory system). A. PHAROAH COMPANY Income Statement-cost of goods sold section (periodic system) D Question 10 of 19 < > : eTextbook and Media A. PHAROAH COMPANY Income Statement-cost of goods sold section (periodic system) $ $ -14 E B