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Using the following information, determine the cost of merchandise sold. Purchases $33,958 Selling expenses $745 Merchandise inventory, September 1 7,886 Merchandise inventory, September 30 11,634

Using the following information, determine the cost of merchandise sold.

Purchases	$33,958	Selling expenses	$745
Merchandise inventory, September 1	7,886	Merchandise inventory, September 30	11,634
Administrative expenses	689	Sales	53,362
Rent revenue	612	Interest expense	959

a.$41,844

b.$30,210

c.$7,886

d.$53,478

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