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At the end of Bridgeport Department Store's fiscal year on December 31, 2020, these accounts appeared in its custed trial balance. Freight-in NTS 165,000 Inventory

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At the end of Bridgeport Department Store's fiscal year on December 31, 2020, these accounts appeared in its custed trial balance. Freight-in NTS 165,000 Inventory 1,315,000 Purchases 11,400,000 Purchase Discounts 436,000 Purchase Returns and Allowances 202.000 Sales Revenus 27.540,000 Sales Returns and Allowances 544000 Additional facts: 1. Merchandise inventory on December 21, 2020, is NTS 1,814,000 Bridgeport Department Store uses a periodic system. 2. Prepare an income statement through gross profit for the year ended December 31, 2020. BRIDGEPORT DEPARTMENT STORE Income Statement (Partial) NTS NTS > Prepare an income statement through gross profit for the year ended December 31, 2020. BRIDGEPORT DEPARTMENT STORE Income Statement (Partial) NTS NTS NTS NTS

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