Using the following data taken from Payton Inc. which uses a periodic inventory system, prepare the cost of goods sold section of the income statement for the year ended May 31. 
Definitions:
Round Robin Method
A technique used in group discussions where each participant is given an opportunity to speak in a circulatory order, ensuring equal participation.
Team Member
An individual who is part of a group working together towards a common goal or objective.
Dysfunctional
Relates to behaviors or processes that negatively impact the effectiveness or efficiency of an organization or system.
Members' Behavior
The actions or conduct exhibited by individuals within a group or organization, influencing its dynamics and performance.
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