The trial balance of J. Harlow Company at the end of its fiscal year, August 31,2006, includes these accounts: Merchandise Inventory $17,200; Purchases $144,000; Sales $190,000; Freight-in $4,000; Sales Returns and Allowances $3,000; Freight-out $1,000; and Purchase Returns and Allowances $2,000. The ending merchandise inventory is $25,000. Prepare a cost of goods sold section for the year ending August 31 (periodic inventory.