"ABC" Company operates a retail clothing operation. The company purchases all merchandise inventory on credit and uses a periodic inventory system. The Accounts Payable account is used for recording inventory purchases only; all other current liabilities are accrued in separate accounts, You are provided with the following selected information for the fiscal years 20112014. Instructions (a) [2 Points] What is the cost of goods sold for year 2013? (b) [2 Points] Calculate the gross profit for the year 2013 (c) [2 Points] Calculate the ending balance of accounts payable for the year 2014