NixIt Companys ledger on July 31, its fiscal year-end, includes the following selected accounts that have normal balances. NixIt uses the perpetual inventory system. T. Nix, Capital $ 117,300 Cost of goods sold $ 105,600 T. Nix, Withdrawals 7,000 Depreciation expense 10,500 Sales 172,000 Salaries expense 33,500 Sales discounts 3,100 Miscellaneous expenses 5,000 Sales returns and allowances 6,300