Using the following information, answer the questions. Determine the cost of goods sold

Online teaching and-. Print Item Using the following information, answer the questions. Net sales Purchases Purchases returns and allowances Purchases discounts Freight-in Merchandise inventory, beginning of period Merchandise inventory, end of period Determine the cost of goods sold. Cost of Goods Sold Section $198,000 92,000 1,800 1,590 63,000 37,000 92,000 Purchases Purchases discounts Less: Freiqht-in Net purchases Cost of goods sold 90,540