(20%)四、Santo Corporation experienced a fire on December 31, 2014，in which its financial records were partially destroye
(D) It has been able to salvage some of therecords and ha$ ascertained the following balances. 1.The inventory turnover is 5 times1.The inventory turnover is 5 times 2.The return on ordinary shareholders’ equity is 18%. The company had no share premium. 3.The accounts receivable turnover is 9.4 times. 4.The return on assets is 16%.5.Total assets at December 31，2013，were $585,000.  InstructionsCompute the following for Santo Corporation.
(1)Cost of goods sold for 2014.