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 Year 1 Year 2 Year 1 Beginning inventory $190 $ Purchases 1,540 50 100 Purchase returns and allowances Purchase discounts Net purchases 30 50 1,950 Freight in 120 Cost of goods purchased Cost of goods available for sale 2,280 Company 1 Company 2 Year 1 Year 2 Year 1 Year 2 ig $190 $ $990 es 1,540 8,180 e 50 100 180 410 ces e 30 50 140 100 IS 1,950 7,160 es n 120 490 7,310 ed 2,280 2 320 1,220 1,480 1,630 old 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 Year 1 Year 2 Year 1 Beginning inventory $190 $ Purchases 1,540 50 100 Purchase returns and allowances Purchase discounts Net purchases 30 50 1,950 Freight in 120 Cost of goods purchased Cost of goods available for sale 2,280 Company 1 Company 2 Year 1 Year 2 Year 1 Year 2 ig $190 $ $990 es 1,540 8,180 e 50 100 180 410 ces e 30 50 140 100 IS 1,950 7,160 es n 120 490 7,310 ed 2,280 2 320 1,220 1,480 1,630 old