Answer:
The cost of goods sold for the year is $460,000.
Explanation:
The value of purchases is given at $450,000.
The value of beginning inventory is given at $170,000.
The value of ending inventory is given at $210,000.
Transportation in is $50,000.
The value of delivery expense is given at $75,000.
The cost of goods sold for the year
=The value of purchases+The value of beginning inventory+Transportation in-The value of ending inventory
=$450,000+$170,000+$50,000-$210,000
=$460,000
