Given the following income statement information for Dundee Corporation, determine the missing amounts.

Sales ................................................................... $30,000

Beginning Inventory ............................................... ????

Purchases ............................................................. 9,600

Purchases Discounts .............................................. 150

Purchases Returns & Allowances ......................... ????

Net Purchases ...................................................... 9,200

Transportation-In ................................................... 400

Goods Available for Sale .................................. 12,600

Ending Inventory .................................................. ?????

Cost of Goods Sold ........................................... 11,100

Gross Profit ............................................................ ????

Operating Expenses .............................................. ????

Net Income ..................................................... $12,800