(Solved): Find the cost of goods sold if sales total $78,938 for the inventory table shown below. (Round to t ...

Find the cost of goods sold if sales total $$\$78,938$$ for the inventory table shown below. (Round to the nearest cent as needed.) Use the inventory table and the gross profit inventory method to estimate the ending inventor and cost of goods sold if a $$40\%$$ gross profit is realized on sales and net sales are $$\$115,030$$. The estimated cost of goods sold is $$\$$$