Assume that Indigo Company uses a periodic inventory system and has these account balances: Purchases $466,200: Purchase Returns and Allowances $13,400; Purchase Discounts $7.700; and Freight-In $16,800. Indigo Company has beginning inventory of $66.300, ending inventory of $97.000, and net sales of $740,600, Determine the amounts to be reported for cost of goods sold and gross profit. Cost of goods sold $ Gross profit $