6 of 26 < View Policies -/0.5 E! Current Attempt in Progress Assume that Wildhorse Company uses a periodic inventory system and has these account balances: Purchases $350,200, Purchase Returns and Allowances $12,200, Purchase Discounts $7,700, and Freight-In $16,900. Determine net purchases and cost of goods purchased. Net purchases Cost of goods purchased $ eTextbook and Media Save for Later Attempts: 0 of 6 used Submit