This Is an Extract from an Income Statement The Cost of Sales Is:
A)$14 000
B)$12 200
C)$18

This is an extract from an income statement: $\begin{array}{lr}&\$\\\text { Beginning inventory } & 10000 \\\text { Gross sales } & 32000 \\\text { Freight-in } & 2000 \\\text { Sales reburns } & 2000 \\\text { Ending inventory } & 12200 \\\text { Purchases } & 18200\end{array}$ The cost of sales is:

A) $14 000
B) $12 200
C) $18 000
D) $17 000