The adjusted trial balance of Wildhorse Co. at the end of its fiscal year, August 31, 2022, includes these accounts: Inventory $ 18,600, Purchases $ 151,000, Sales Revenue $ 190,000, Freight-In $ 8,600, Sales Returns and Allowances $ 2,900, Freight-Out $ 1,100, and Purchase Returns and Allowances $ 5,500. The ending inventory is $ 23,000. Prepare a cost of goods sold section on the income statement for the year ending August 31, 2022 (periodic inventory system).