View Policies Current Attempt in Progress Flint Lake Corporation's accounting records show the following at year-end December 31, 2017 Purchase Discounts $6,070 Beginning Inventory $32,430 Freight-in 9.470 Ending Inventory Freight-Out 11.340 Purchase Returns and Allowances Purchases 29.040 DS 4.480 162.620 Assuming that Flint Lake Corporation uses the periodic system compute cost of goods purchased and cost of goods sold. Cost of goods purchased $ Cost of goods sold