In each case, use the following information to calculate the missing information: Gross sales. Sales discounts Sales

In each case, use the following information to calculate the missing information:

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Gross sales. Sales discounts Sales returns and allowances Net sales. Merchandise inventory, January 1 Purchases Purchase discounts Purchase returns and allowances Net purchases Transportation-in Net cost of purchases Cost of goods available for sale Merchandise inventory, December 31 Cost of goods sold Gross margin. Case 1 $640,000 ? Case 2 $ ? Case 3 $ ? 25,600 19,200 19,200 44,800 32,000 608,000 1,209,600 ? 256,000 384,000 384,000 768,000 ? 7,680 13,440 12,800 24,320 31,360 32,000 352,000 ? 672,000 25,600 38,400 32,000 377,600 761,600 ? ? 1,081,600 1,088,000 ? 384,000 448,000 320,000 ? 640,000 ? 512,000 320,000