Adams Corporation uses a periodic inventory system and the retail inventory method to estimate ending inventory and cost of goods sold. The following data are available for the month of September 2021:

Cost Retail

Beginning inventory 23000 37000

Net purchases 11500 ?

Net markups 4200

Net markdowns 1200

Net sales ?

The company used the average cost flow method and estimated inventory at the end of September to be $19,607.50. If the company had used the LIFO cost flow method, the cost-to-retail percentage would have been 50%. Required: Compute net purchases at retail and net sales for the month of September using the information provided. (Do not round your intermediate calculations.)

Net Purchases at retail 20,000

Net Sales