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Computing cost of goods purchased and cost of goods sold. The following data are for Malta Department Store. The account balances (in thousands) are for

Computing cost of goods purchased and cost of goods sold. The following data are for Malta Department Store. The account balances (in thousands) are for 2020.

I need help with with:

  1. Help compute (a) the cost of goods purchased and (b) the cost of goods sold.
  2. Help create the income statement for 2020.
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