Selected data from the financial statements for Tarpley & Underwood are presented below: 
-Refer to the information presented for Tarpley & Underwood. First, determine the dollar amount of cost of goods purchased. Then, prepare a cost of goods sold schedule using the cost of goods sold model illustrated in the text.
Definitions:
Commission
The fee paid to a broker or agent for conducting a transaction, typically a percentage of the transaction value.
Limit Order Book
A record of all open buy and sell orders for a specific security or asset, organized by price level.
Market Buy Order
An order to purchase a security immediately at the best available current price.
Last Trade
The most recent transaction that occurred for a specific security on a trading platform.
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