From the Following Details of a Merchandiser,calculate the Cost of Goods

From the following details of a merchandiser,calculate the cost of goods sold.(Assume the merchandiser uses the periodic inventory system.) $$\begin{array} { | l | r | } \hline \text { Net Sales Revenue } & \$ 199,000 \\\hline \text { Purchases } & 93,000 \\\hline \text { Purchase Returns and } &\\ \text { Allowances } & 1,600 \\ \hline \text { Purchase Discounts } &1,250 \\ \hline \text { Freight In } &1,650 \\\hline \text { Beginning Merchandise } & \\ \text { Inventory } &63,000 \\\hline \text { Ending Merchandise Inventory } & 38,000\\\hline\end{array}$$

A) $116,800
B) $65,150
C) $115,150
D) $53,800