| Salvadore Inc., a local retailer, has provided the following data for the month of September: |
| Merchandise inventory, beginning balance | $ 49,300 |
| Merchandise inventory, ending balance | $ 44,200 |
| Sales | $260,700 |
| Purchases of merchandise inventory | $142,400 |
| Selling expense | $ 20,100 |
| Administrative expense | $ 60,100 |
| The cost of goods sold for September was: |
| $137,300 | |
| $222,600 | |
| $142,400 | |
| $147,500 |