Inferring Transactions from Financial Statements Abercrombie & Fitch Co. (ANF) is a specialty retailer of casual apparel. The following information is taken from ANF's fiscal 10-K report for the fiscal year Year 2, which ended February 1, Year 3. (All amounts in $ thousands.) Selected Balance Sheet Data February 1, Year 3 February 2, Year 2 $596,692 84,478 $493,462 109,347 Inventory Accrued compensation a. ANF reported Cost of Goods Sold of $3,441,912 (thousand) for fiscal Year 2. What was the cost that ANF incurred to acquire inventory for fiscal Year 2? $ 0 X (thousand) b. Assume that ANF reported Compensation Expense of $716,500 (thousand) for fiscal Year 2. What amount of compensation was paid to its employees for fiscal Year 2? $ 0 x (thousand)