Given The Following Information For A Retailer Compute The Cost Of Goods

Given the following information for a retailer, compute the cost of goods sold.
Ending inventory ………………………………………………………………………………… $ 5,900
Website maintenance …………………………………………………………………………. $ 7,700
Revenues ……………………………………………………………………………………….. $ 67,000
Freight-in ………………………………………………………………………………………….. $ 3,700
Import duties ……………………………………………………………………………………… $ 1,300
Marketing expenses ………………………………………………………………………….. $ 12,000
Delivery expenses ………………………………………………………………………………. $ 1,500
Purchases ……………………………………………………………………………………….. $ 40,000
Beginning inventory ……………………………………………………………………………. $ 3,800

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