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Exercise 8-5 Periodic inventory system; missing data [LO8-1] The Playa Company uses a periodic inventory system. The following information is taken from Playa's records. Certain

Exercise 8-5 Periodic inventory system; missing data [LO8-1]

The Playa Company uses a periodic inventory system. The following information is taken from Playa's records. Certain data have been intentionally omitted. ($ in thousands)

Required:
Determine the missing numbers. (Enter all amounts as positive numbers.)
2016 2017 2018
Biginning inventory 225
Cost of goods sold 627 621
Ending inventory 225 216
Cost of goods available for sale 876 846 800
Purchases (gross) 630 585
Purchase discounts 18 15
Purchase returns 24 30 14
Freight-in 13 32 16

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