Below are the cost of goods sold sections for the most recent two years for two companies using a periodic inventory system: Fill in the numbered blanks to complete the cost of goods sold sections. Company 1 Company 2 Year 1 Year 2 Year 1 Year 2 $190 $ $1,050 $ 1,490 8. 50 110 200 30 50 130 1,660 6,700 Beginning inventory Purchases Purchase returns and allowances Purchase discounts Net purchases Freight in Cost of goods purchased Cost of goods available for sale Ending inventory Cost of goods sold 130 7,870 2.350 380 1.140 1. 1.550 Company 1 Company 2 Year 1 Year 2 Year 1 Year 2 $190 $ $1,050 $ 1,490 8.010 50 110 200 400 30 50 130 100 1,660 6,700 130 500 7,870 2,350 380 1,140 1,440 1,550