The following information was taken from the financial records of Asymmetrical Distribution, owned by Marcus Redmond at its year-end of May 31, 2019. The company uses the periodic inventory system Freight-in Interest Expense $1,570 $2,740 Merchandise Inventory, June 1, 2018 $154,600 Merchandise Inventory, May 31, 2019 $121,070 Purchase Returns and Allowances $10,590 Purchases Rent Expense Salaries Expense Sales Discounts Sales Revenue $98,870 $29,890 $43,570 $9,860 $270,510) Required a) Calculate the Cost of Goods Sold Do not enter dollar signs.or.commas in the input boxes. Do not use negative signs. Merchandise Inventory, June 1, 2018 Purchases Purchase Returns and Allowances $ Net Purchases Freight-In Subtotal Cost of Goods Available for Sale Merchandise inventory, May 31, 2019 Cost of Goods Sold