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The following information is available for Sheridan Company for 2025: Account Debit Credit Inventory (beginning) $68400 Purchases 425000 Freight-in 5300 Purchase Discounts and Returns $7500

The following information is available for Sheridan Company for 2025: Account Debit Credit Inventory (beginning) $68400 Purchases 425000 Freight-in 5300 Purchase Discounts and Returns $7500 Sales Revenue 643500 Sales Returns 8300 If Sheridan's ending inventory is $78800, what is its cost of goods sold?

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