One newswire article in the text, "hurricane sandy to raise prices on used cars" describes the impact of thousands of cars being destroyed by the storm.. this is an example of: an increase in demand. an increase in supply. a decrease in supply. a decrease in demand.

Acompany that uses the periodic inventory system provided the following information: 1. beginning inventory $ 5 comma 0002. purchases $ 150 comma 0003. purchase discounts $ 2 comma 1004. purchase returns and allowances $ 1 comma 000at the end of the period, the physical count of inventory reveals that $ 16 comma 000 worth of inventory is on hand. what is the amount of cost of goods sold?