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19. The following is selected information from Dainer's Industies. Sales $870.000 $870,000 Gross purchases 435,080 Sales discounts 82,650 Purchase returns and allowances 50.932 Beginning inventory

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19. The following is selected information from Dainer's Industies. Sales $870.000 $870,000 Gross purchases 435,080 Sales discounts 82,650 Purchase returns and allowances 50.932 Beginning inventory 321.908 Purchase discount 14.664 Ending inventory 254,075 1. Compute net purchases Compute cost of goods sold for the month of June 11

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