7-31 (book static) The following is given for Kuperstein's Jewelry Wholesalers for the year ended December 31, 20X8 (S in thousands): Question Help (Click the icon to view the data.) Requirement 1. Prepare a detailed gross profit section for Kuperstein's Jewelry Wholesalers for the year ended December 31, 20xB (S in thousands), computing the amount for Gross Sales Kuperstein's Jewlery Wholesalens Schedule of Gross Profit For 0 Year Ended December 31, 20X8 Data Table (S in thousands) Cash discounts on purchases Sales returns and alowancers Gross purchases Merchandise invertory $6 Cash discounts on sales 50 Purchase returns and allowances 650 Freight in Deduct Net sales Deduct Cost of goods sold Merchandise inventory December 31, 20X7 103 December 31, 208 180 Gross proft Deduct Print Done Net purchases from any list or enter any number in the input fields and then click Check