Using the following data, calculate the beginning Finished Goods Inventory and the Cost of Goods Sold: Sales 100,000 Beginning Finished Goods Inventory ? Cost of Goods Manufactured 66,000 Ending Finished Goods Inventory 14,000 Cost of Goods Sold ? Gross Margin 41,000 Selling & Administrative 18,000 Net Income 23,000 Options: $14,000 and $66,000 respectively. $7,000 and $59,000 respectively. $7,000 and $66,000 respectively. $14,000 and $59,000 respectively