Assignment 3. 1. 11.00 points This exercise stresses the relationships between the information recorded in a periodic inventory system and the basic elements of an income statement. Each of the five fines represents a separate set of information. You are to fit in the missing amounts (Input all amounts as positive values except met loss which should be indicated with a minus sign. Omit the "S" sign in your response) b. C 4 W Net Sales 330.000 470,000 630,000 820.000 Beginning Inventory 76,000 72.000 220,000 156.000 Purchases 104,000 280.000 Question 1 (of 8) 450,000 Ending Inventory 35,200 200.000 135,000 200,000 Cost of Goods Sold 264.000 441,000 450,000 Gross Proft 185,200 189,000 234.000 140,000 Expenses 72.000 150.000 260.000 Profit or (Loss) 20,000 (15,000) instructives