Using the following information, what is the cost of goods sold? Purchases Returns & Allowances $ 500 Inventory, 9/1/2022 $5,700 Selling expenses $ 910 Purchases Discounts $1,200 Freight In $ 960 Inventory, 9/30/2022 $6,370 Sales Revenue $63,000 Net Purchases $31,040 A) $32,400 B $29,170 $31,330 D$30,370

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