Below are selective account balances of SAMA company on December 31, 2019: Sales discount $10,000 Purchase R&A 1,500 Sales R&A 2,000 Freight in 500 Operating Expense 15.000 Sales 83,000 500 Interest Revenue Loss from strike Ending Inventory 1,000 5,500 Purchase 25.000 Purchase discount 500 Loss from sabotage 1.250 Gain from diposal of fixed assets 300 Beginning Inventory 12.000 Based on the data above, Net Purchase is: * $27,000 O $62,000 $23,000 O $50,000 Based on the data above, Cost of Goods Purchased (COGP) is: * $21,500 $25,500 $55,500 $23,500 This is a required question Based on the data above, Cost of Goods Available for Sale (COGAFS) is: $35,500 O $27,500 $33,500 None of the above mHIZJHDON Based on the data above, Cost of Goods Sold (COGS) is: $34,000 $30,000 $36,000 $25,000 This is a required question + Based on the data above, Net Sales is $83,000 $34,000 O $71,000 $95,000 This is a required question Based on the data above, gross profit is $54,000 $34,000 $53,000 Response Based on the data above, Income from operation is: $12,000 $26,000 $22,000 $34,000 This is a required question Based on the data above, Other revenues and gains are equal to: * $3200 $300 $800 $500 This is a required question Based on the data above, Other expenses and losses are equal to: $12,000 $9,200 $2,250 Based on the data above, Net Income is: * O $12,000 $26,000 $36,800 $24,550 This is a required question Freight-in is equal to $500, does it represent O Free on-board shipping point O Free on-board destination None of the above This is a required question Back Next Page 2 of 6