On November 1,2019,Alpha Omega,Inc.sold merchandise for $15,000,FOB destination,with payment terms,n/30.The cost of goods sold was $5,100.On November 3,the customer returns on this sale amounted to $6,000.The company received the balance on November 9,2019.Calculate the cost of goods sold from these transactions.

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On the November 1 sale,the cost of goods sold is 34% of the selling price ($5,100/$15,000)
 11ea8a75_4235_091f_a2a1_1f3b8b5da27c_TB6701_00 or
 11ea8a75_4235_3030_a2a1_bfe8c23457a5_TB6701_00 11ea8a75_4235_3031_a2a1_81f42c233034_TB6701_00