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Given the following information, fill-in the blanks to form a complete skeletal statement (each blank is 1 point). Use only full dollar values (no

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Given the following information, fill-in the blanks to form a complete skeletal statement (each blank is 1 point). Use only full dollar values (no xxx.00) and round percentages to one decimal place (xx.1%). Gross Sales Alteration and Workroom costs Opening inventory at cost Closing inventory at cost New purchases at cost Inward freight $135,000 $1,000 $49,500 $61,000 $77,500 $1,500 4% Cash Discounts General Overhead Advertising Salaries $11,000 $9,000 $20,000 Rent $8,600 Customer returns and allowances $15,000 Factors

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