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Using the following information, what is the cost of merchandise sold? Purchases $32,000 $ 960 5.700 6,370 Merchandise inventory, September 1 Administrative expense Selling expense

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Using the following information, what is the cost of merchandise sold? Purchases $32,000 $ 960 5.700 6,370 Merchandise inventory, September 1 Administrative expense Selling expense Merchandise inventory, September 30 Sales 910 63,000 Rent revenue 1,200 Interest expense 1,040 a. $32,400 b. $32 670 CI $31.330 du $38.370

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