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Cost of Goods Sold 2300 2.300 2.300 Accounts Receivable Sales Revenue Cost of Goods Sold Merchandise Inventory 1,150 1.150 2.254 Accounts Receivable Sales Revenue Cost of Goods Sold Merchandise Inventory 1,150 Questions 41 and 42 are based on the following data: 185.00 Beginning Merchandise Inventory Purchase Retums and Allowances Purchase Discounts Freight in Ending Merchandise Inventory Net Sales Revue 18.000 10000 95000 41) Calculate the cost of goods sold for a merchandiser using the periodic inventory system A) $540,000 B) $529,000 C) $7000 D) 29,000 42) Calculate Cross Profit A) $421.000 B) 5520.000 C) $410,000 D) None of the above