100 Question 4 Assume that Aden Company uses a periodic inventory system and has there account balance Purchases Sales 45,000 83.400 7.600 Purchase Returns & Allowances Inventory (12/31/2019) Freight-In Inventory (1/1/2019) Purchase Discounts 37.800 3.600 35,000 900 Sales Returns and Allowances 12.510 Freight-Out 5,200 Sales Discounts 834 REQUIRED: Determine the amounts to be reported for: -) Cost of goods sold Gross Profit Gross Profit Percent (Gross Profit/ Sales)