Use the following information to calculate Honest Tea, Inc.'s Cost of Goods Sold for the year. Note: All purchases of inventory are on account December 31 Inventory $24,000 January 1 Inventory 10,000 Sales during the year 52,000 December 31 Accounts Payable 17,000 Purchases of Inventory on Account during the year 40.000 Cost of Goods Sold for the years