Items 31 to 35 refer to the following: . Moldova Company, which uses periodic inventory system, has the following transactions in 2020, its first year of operations : Purchased merchandise at an invoice price of P9,500,000, excluding freight. Terms are 2/10, n/30 Paid freight of P500,000, which is allocated to each purchase. Paid P7,434,000 on purchases, of which P3,234,000 was paid within the discount period. All discounts on unpaid accounts payable is expected to be lost. 20% of the merchandise remains on hand at year-end. . . 31. Using the gross method, what is the amount of ending inventory? 32. Using the gross method, what is the amount of cost of goods sold? 33. Using the net method, what is the amount of ending inventory? 34. Using the net method, what is the amount of cost of sales? 35. Using the net method, what is the purchase discount lost