8% Use the following to answer the questions 78 590.000 Net Sales $800,000 $360.000 $510.000 Gross profit $350,000 Beginning inventory $325.000 $450.000 $25,000 $70.000 Purchases $440,000 $150.000 $25.000 Operating expense $290,000 $375.000 $12.000 Average tax rate 20% 560.000 $160.000 Choose Cost of goods sold: Ending inventory Operating income Income tax expense Gross pronto