Assigr Problems 2-24 Computing cost of goods purchased and cost of goods sold. The folowing data are for Maurice Department Store. The account balances (in thousands) are for 2013. Marketing, distribution, and customer-service costs Merchandise inventory, January 1, 2013 Utilities General and administrative costs Merchandise inventory, December 31, 2013 Purchases Miscellaneous costs Transportation-in Purchase returns and allowances Purchase discounts Revenues $30,000 25,000 10,000 42,000 38,000 156,000 6,000 8,000 5,000 9,000 295,000 1. Compute (a) the cost of goods purchased and (b) the cost of goods sold. 2. Prepare the income statement for 2013