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 Company 2 Year 1 Year 2 Beginning inventory $190 $1,050 $ Purchases 1,490 8,010 Purchase returns and allowances Purchase discounts 110 50 200 130 400 100 Net purchases 1,660 6,700 Freight in 130 500 Cost of goods purchased 7,870 Cost of goods available for sale 2,350 Ending inventory 380 1,140 1,440 Cost of goods sold 1,550