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The following information is taken Aiello Corporation fiscal 2016 annual report. Selected Balance sheet Data 2016 Inventories $221,418 Accounts Receivable $121,333 2017 Inventories $226,893 Accounts

The following information is taken Aiello Corporation fiscal 2016 annual report. Selected Balance sheet Data 2016 Inventories $221,418 Accounts Receivable $121,333 2017 Inventories $226,893 Accounts Receivable $ 122,087

Aiello Corporation spent $3,296,240 to purchase and manufacture inventories during the 2016 fiscal year. What us the cost of goods sold for Aiello's fiscal year end?

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