BES-1 Presented below are the components in determining cost of goods sold. Determine the missing amounts. Beginning Inventory Cost of Goods Available for SaleInventory Ending Purchases $100,000 Cost of Goods Sold (a) $80,000 (b) $50,000 (c)? $120,000 $115,000 $160,000 $35,000 $29,000 $110,000 Presented below are the components in Veasy Company's income statement. Deter- BES-2 mine the missing amounts. Cost of Goods Sold Sales Gross Profit $28,000 Operating Expenses Net Income Revenue (a) 75,000 (b) $108,000 9,800 $29,500 (c)? $70,000 $83,900 $79,600 $39,500