Assume that Sunland Company uses a periodic inventory system and has these account balancest Purchasei \$442.400, Purchase Returns and Allowances $10,100, Purchase Discounts $6,200, and Freight-in $15,200. Sunland Comparm has beginning imentory at $62,300, ending imventory of $89,900, and net sales of $653,800 Determine the amounts to be reported for cost of goods sold and gross profit. CostofzoodsseldGrossproit55