Layla Company uses the periodic inventory system. Layla started the period with $22,000 in inventory. The Company purchased an additional $25,000 of merchandise and returned $3,000 for a full credit....

Extracted text: Layla Company uses the periodic inventory system. Layla started the period with $22,000 in inventory. The Company purchased an additional $25,000 of merchandise and returned $3,000 for a full credit. If Layla's cost of goods sold during the period was $31,000, what must have been the total of the physical inventory count?