Fill in the appropriate blanks for each of the independent situations below.

Company A CompanyB CompanyC

Sales revenue $345,600 $544,700

Beginning inventory 52,980 85,990

Net purchases 193,540 251,110

Ending inventory 52,380 109,290 60,990

Cost of goods sold 434,870

Gross profit 78,860 124,860

Operating expenses 51,800 47,460

Income before taxes 9,090