Exercise 5-13 Below is a series of cost of goods sold sections for companies B, M, O, and S Fill in the lettered blanks to complete the cost of goods sold sections $350 2,100 112 Beginning inventory $168 $980 Purchases 1,512 61,026 Purchase returns and allowances 406 Net purchases Freight-in Cost of goods purchased Cost of goods available for sale Ending inventory Cost of goods sold 1,456 10,374 59,206 182 3,136 1,722 11,270 69,342 8,722 60,620 2,520 1,890 434 1,610 1,722 10,640