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3. Scenario 2 ?? 160 5,920 4,100 9,420 170 Sales revenue Sales returns and allowances Net sales revenue Opening inventory Purchases Transportation-in Purchase returns Cost

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3. Scenario 2 ?? 160 5,920 4,100 9,420 170 Sales revenue Sales returns and allowances Net sales revenue Opening inventory Purchases Transportation-in Purchase returns Cost of goods available for sale Ending inventory Cost of sales Gross profit Expenses (operating) Pretax earnings (loss) Scenario 1 5,800 ?? 5,300 6,400 ?? 120 600 14,690 10,840 ?? 1,450 ?? -500 Scenario 3 9,000 1,150 ?? 12,000 4,000 ?? 350 ?? 10,000 ?? ?? 1,400 700 ?? 13,370 ?? 5,500 ?? 420 0 Required: Supply the missing dollar amounts in each independent situation

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