35 A,b and bonus question

35. . (6 points) SHOW COMPUTATIONS TO RECEIVE PARTIAL CREDIT Assume that Mitchell Company uses a periodic inventory system and has these account balances: Purchases 750,000 Purchase Returns and Allowances 9,000 Purchases Discounts 3,000 Freight-In 11,000 Requirements a. (4 points) Determine net purchases. b. (2 points) Determine cost of goods purchased (3 point bonus) If Mitchell has a beginning inventory of $10,000 and an ending inventory of $12,000, how much was cost of goods available for sale