单选题

In 2004, Torrence Co. had a beginning inventory of $19924 and made purchases of $15923. If the ending inventory level was $19204, what was the Cost of Goods Sold for year 2004?(     )

【正确答案】 C
【答案解析】

Beginning Inventory + Purchases-Ending Inventory=COGS.
$19924+$15923-$19204=$16643.