Y-Company uses the periodic inventory system. Y-Company reported the following amounts at June 30, 2021. Value $23,200 Account Merchandise Inventory, July 1, 2020 Merchandise Inventory, June 30, 2021 $14,300 Purchases $44,300 Purchases Returns & Allowances $2,200 Purchases Discount $700 $500 Freight in Sales Revenue Sales Returns & Allowances Sales Discounts $121,000 $3,300 $1,300 $510,800 $325,600 Common Stock Retained Earnings Compute the cost of goods sold for the year