Final Etam e BACC210 Final Assessment Search X Below are selective account balances of OMAR Company on December 31, 2019: Sales discount $40,000 Purchase R&A 15.000 Sales R&A 25.000 Freight in 5,000 Operating Expense 60,000 Sales 150.000 1,500 Interest Revenue 3,000 Loss from strike 80,000 Ending Inventory 100,000 Purchase 15.000 Purchase discount 1.250 Loss from sabotage 1.500 Gain from diposal of fixed assets 25.000 Beginning Inventory Based on the data above, Net Purchase is: O $572,000 $628,000 $600,000 O $70,000 Based on the data above, Cost of Goods Purchased (COGP) is:* O $75,000 $34,000 $60,000 0 $90,000 Based on the data above, Cost of Goods Available for Sale (COGAFS) is: * $172,000 $128,000 0 $100,000 $118,000 Based on the data above, Cost of Goods Sold (COGS) is: O $72,000 O $20,000 $80,000 O $78,000 Based on the data above, Net Sales is * $154,000 $215,000 $85,000 $125,000 Based on the data above, gross profit is * $54,000 $34,000 $60,000 $65,000 Based on the data above, Income from operation is: $12,000 $5,000 $36,800 $34,000 Based on the data above, Other revenues and gains are equal to: $12,000 $3,000 $36,800 O $34,000 Based on the data above, Other expenses and losses are equal to: * $12,000 $9,200 $36,800 O $4,250 Based on the data above, Net Income is: O $12,000 $3,750 0 $36,800 O $34,000 Freight-in is equal to $5,000, does it represent O Free on-board destination O Free on-board shipping point O None of the above