Nakita Inc.reported beginning inventory of $90,000, ending inventory of $23,000, purchases of $128,000, purchase returns of $2,000, and transportation-in of $3,000.Calculate cost of goods sold.

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The Answer of Nakita Inc.reported beginning inventory of $90,000, ending inventory of $23,000, purchases of $128,000, purchase returns of $2,000, and transportation-in of $3,000.Calculate cost of goods sold.