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The June 30, 2021, year-end trial balance for Askew company contained the following information: Account Debit Credit Inventory, 7/1/2020 32,100 Sales revenue 381,000 Sales returns

The June 30, 2021, year-end trial balance for Askew company contained the following information:

Account Debit Credit
Inventory, 7/1/2020 32,100
Sales revenue 381,000
Sales returns 12,100
Purchases 241,000
Purchase discounts 6,100
Purchase returns 10,100
Freight-in 17,200

In addition, you determine that the June 30, 2021, inventory balance is $40,100. Required: Calculate the cost of goods sold for the Askew Company for the year ending June 30, 2021.

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