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At the end of Cullumber Department Store's fiscal year on November 30, 2022, these accounts appeared in its adjusted trial balance. Freight-In $5,160 Inventory (beginning)

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At the end of Cullumber Department Store's fiscal year on November 30, 2022, these accounts appeared in its adjusted trial balance. Freight-In $5,160 Inventory (beginning) 41,400 Purchases 614,000 7,100 Purchase Discounts Purchase Returns and Allowances 6,860 Sales Revenue 903,000 Sales Returns and Allowances 20,100 Additional facts: 1. Inventory on November 30, 2022, is $36,300. Note that Cullumber Department Store uses a periodic system 2 Prepare an income statement through gross proht for the year ended November 30, 2022 CULLUMBER DEPARTMENT STORE Income Statement (Partial) 4 + $

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