Calculate the missing amounts, and place your answers in the spaces provided

Sales Sales Returns and Allowances Sales Discounts Net Sales Beginning Inventory Purchases Purchase Returns and Allowances Purchase Discounts Freight-in Net Purchased Goods Available for Sale h Ending Inventory Cost of Goods Sold Gross Margin Operating Expenses Net Income SHOW YOUR WORK. $95,000 5,000 80,000 72,000 ? 7,000 2,000 8,000 65,000 ? ?--- 60,000 20,000 ? $5,000 ?----- --