Exercise 6.8 (Algo) Relationships within Periodic Inventory Systems (LO6-4) This exercise stresses the relationships between the Information recorded in a periodic inventory system and the basic elements of an Income statement. Each of the five lines represents a separate set of information. You are to fill in the missing amounts. (Enter loss amounts as a negative number.) Beginning Net Sales Inventory Not Purchases Ending Inventory Cost of Goods Sold Gross Profit Expenses Net Income or (Loss) 290,000 76,000 104,000 35,200 145.200 72,000 b 470,000 79,000 270,000 204,000 20,000 a 630,000 100,000 180.000 441,000 189.000 140,000 d. 810,000 400,000 135.000 234.000 250,000 e 156.000 200,000 450,000 130.000 (15,000)