Photo 1 has the info necessary to fill out the remainder of this partial income statement. Need help on the statement (Photo 2&3) Thank You!!

Your answer is partially correct. Try again. At the end of Cheyenne Department Store's fiscal year on November 30, 2020, these accounts appeared in its adjusted trial balance. Freight-In Inventory Purchases Purchase Discounts Purchase Returns and Allowances Sales Revenue Sales Returns and Allowances $8,000 39,000 599,600 5,900 2,700 1,160,400 21,100 Additional facts: 1. Merchandise inventory on November 30, 2020, is $51,500. 2. Cheyenne Department Store uses a periodic system. Prepare an income statement through gross profit for the year ended November 30, 2020. (Enter negative amounts using either a negative number e.g.-45 or parentheses e.g. (45).) Sales Revenue Tess Sales Returns and Allowances Net Sales Cost of Goods Sold T Tnventory, Dec. 1, 2019 Purchases Tess Purchase Returns and Allowances Purchase Discounts set Purchases 9 Ado Freight-in Cost of Goods Purchased Cost of GO Ave for Sale T Cost of Goods Available for Sale + 1 Less Inventory, Nov. 30, 2020 Cost of Goods Sold Gross Profit Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR PROBLEM Question Attempts: Unlimited SAVEF