The trial balance of Sanchez Company at the end of its fiscal year, August 31, 2014, includes these accounts: Beginning Inventory dollar 18,700; Purchases dollar 154,000; Sales Revenue dollar 190,000; Freight-In dollar 8,000; Sales Returns and Allowances dollar 3,000; Freight-Out dollar 1,000 and Purchase Returns and Allowances dollar 5,000. The ending inventory is dollar 21,000. Prepare a cost of goods sold section (periodic system) for the year ending August 31, 2014