The following information pertains to Bradley Company, which uses a periodic inventory system: Beginning merchandise inventory Ending merchandise inventory Purchases Purchases returns and allowances Purchases discounts Freight-in $42,000 37,000 93,000 4,650 7,154 420 What is Bradley Company's cost of goods sold at the end of the period? a. $86,616 Ob. $98,420 O c. $98,000 Od. $44,196