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X Company is a merchandiser. It incurred the following costs in 2019: Advertising costs $16,950 Employee salaries 12,697 Utility costs 22,193 Supply costs 16,693 Warehouse

X Company is a merchandiser. It incurred the following costs in 2019:

Advertising costs $16,950
Employee salaries 12,697
Utility costs 22,193
Supply costs 16,693
Warehouse costs 37,928
Merchandise purchases 84,819
Insurance costs 25,428
Equipment rental 16,477
Miscellaneous operating costs 13,807

The Merchandise Inventory account had a January 1 balance of $47,620 and a December 31 balance of $19,589. What was Cost of Goods Sold in 2019?

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