Goddard Pty Ltd reported the following statement of profit or loss data for a 2-year period. 2015 $ 2016 $ Sales 389,700 531,700 Beginning inventory 66,800 72,100 Cost of goods purchased 365,800 437,700 432,600 509,800 Cost of goods available for sale Ending inventory 72,100 108,900 Cost of sales 360,500 400,900 Gross profit 29,200 130,800 Required Using the 2015 data, enter the closing entries up to gross profit on a worksheet. (If no amount is required, leave the answer field blank.) Goddard Pty Ltd 30 June 2015 Adjusted trial balance Closing entries Dr Cr Dr Cr $ $ $ $ Inventory $ $ $ Sales $ $ $ $ Purchases