Swifty Corporation accounting records show the following at the year ending on December 31, 2022.

Purchase Discounts	$ 12400
Freight-in	16600
Purchases	700020
Beginning Inventory	36000
Ending Inventory	54600
Purchase Returns and Allowances	11500

Using the periodic system, the cost of goods sold is

$712120.

$690920.

$674120.

$692920.