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3. Determine Book In ien folowing information Cost Retail Opening $52,914 inventory Net purchases S34,890 12,116 28,709 Freight Net transfers out (use as reduction) 120

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3. Determine Book In ien folowing information Cost Retail Opening $52,914 inventory Net purchases S34,890 12,116 28,709 Freight Net transfers out (use as reduction) 120 344 818 Gross sales Customer returns Net markdowns Emplovee discounts 29,368 2,134 1,024 362 3. Determine Book In ien folowing information Cost Retail Opening $52,914 inventory Net purchases S34,890 12,116 28,709 Freight Net transfers out (use as reduction) 120 344 818 Gross sales Customer returns Net markdowns Emplovee discounts 29,368 2,134 1,024 362

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