18. The following information is available for ABC Company for the year ended
December 31, 1997:
Ending Inventory …………………………. $7,500
Purchases …………………………………. 31,000
Transportation-in …………………………. 1,500
Beginning Inventory ……………………… 6,000
Sales returns & allowances ……………….. 2,500

Determine the cost of goods sold for 1997

Not difficult I can do it by mental arthimetic so you should be able to too