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Problem 3. Two or more items are omitted in each of the following tabulations of income statement data. Fill in the amounts that are missing. 2018 2019 2020 Sales revenues P290,000 P7 P410,000 Sales returns and allowances 11,000 13,000 Net sales 347.000 Beginning inventory 20.000 Ending Inventory Purchases 260,000 298,000 Purchase returns and allowances 5.000 8,000 10,000 Freight-in 8,000 9.000 12,000 Cost of goods sold 233,000 ? 293.000 Gross profit on sales 46,000 91,000 97,000 Required; Based on the above information, calculate the following amounts: (a) 2018 Purchases; (b) 2019 Cost of goods sold, and (c) 2020 Beginning inventory