At the beginning of the year, Paradise Co. had an inventory of $200,000. During the year, the company purchased goods costing $900,000. Paradise Co reported ending inventory of $300,000 at the end of...

At the beginning of the year, Paradise Co. had an inventory of $200,000. During the year, the

company purchased goods costing $900,000. Paradise Co reported ending inventory of $300,000 at the

end of the year. Their cost of goods sold is