Applying the Cost of Goods Sold Model The following amounts were obtained from Stanwick Company's accounting records. 2019 2020 $388,600 $427,460 Net sales Cost of goods sold: Beginning inventory $36,800 (d) Purchases (a) 296,700 Goods available for sale (b) (e) Ending inventory 43,420 (f) Cost of goods sold (c) Gross margin $114,920 Required: Compute the missing amounts. Input your answers as positive numbers. Net sales Cost of goods sold: Beginning inventory Purchases Goods available for sale Ending inventory Cost of goods sold Gross margin 2019 $388,600 $36,800 43,420 $114,920 296,750 (g) 2020 $427,460 296,700 296,750