X Company is a merchandiser. It incurred the following costs in 2019: Supply costs $17,912 Advertising costs 13,640 Utility costs 28,348 Employee salaries 17,445 Insurance costs 24,438 Equipment rental 17,874 Merchandise purchases 88,613 Warehouse costs 24,491 Miscellaneous operating costs 17,205 The Merchandise Inventory account had a January 1 balance of $45,852 and a December 31 balance of $18,652. What was Cost of Goods Sold in 2019