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Given the following and Using the Gross Profit Method, fill in the missing numbers. Show all calculations Full Year, Last Yr. 1st 6 Mos, this

Given the following and Using the Gross Profit Method, fill in the missing numbers. Show all calculations
Full Year, Last Yr. 1st 6 Mos, this yr.
Sales Revenue 852,500 416,100
Cost of G.S.-
Beg. Invent. 31,500 _______
Purchases 472,400 201,300
Cost of Invent. Avail for Sale 503,900 _______
Less cost of ending invent. 85,000 _______
Cost of Goods Sold 418,900 ________
Gross Margin 433,600 ________
Oper. Expenses 440,200 219,826
Oper. Income/Loss (6,600) ________

SHOW ALL WORK( SHOW CALCULATIONS FOR EACH BOX):)

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