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 $250 $ 120 700 Beginning inventory 1,500 1,080 43,590 Purchases 290 80 Purchase returns and allowances 42,290 7,410 1,040 Net purchases 130 2,240 Freight-in 8,050 1,230 Cost of goods purchased 1,350 1,800 49,530 Cost of goods available for sale 310 6,230 1,150 Ending inventory 43,300 1,230 7,600 Cost of goods sold