Compute the missing amounts.

ABC Company XYZ Company

Sales $ 200,000 (D)

Cost of Goods Sold

Beginning Inventory (A) 60,000

Purchases and Freight-In 118,000 (E)

Cost of goods available for sale (B) 180,000

Ending inventory 4,000 4,000

Cost of goods sold 120,000 (F)

Gross Margin 80,000 224,000

Selling and Administrative Expenses (C) 170,000

Operating Income 24,000 (G)