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The following information was derived from the 2017 accounting records of Swifty Corporation: Swifty's Central Warehouse Swifty's Goods Held by Consignees Beginning inventory $128000 $
The following information was derived from the 2017 accounting records of Swifty Corporation:
| Swifty's Central Warehouse | Swifty's Goods Held by Consignees | |||||
| Beginning inventory | $128000 | $ 14000 | ||||
| Purchases | 623000 | 68000 | ||||
| Freight-in | 10000 | |||||
| Transportation to consignees | 5100 | |||||
| Freight-out | 28000 | 7500 | ||||
| Ending inventory | 144000 | 22000 | ||||
Swifty's 2017 cost of sales was
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