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Question No: 02 CLO (2) marks The following data are for Oman Enterprise. The account balances (In Thousands) are for 2021; Merchandise Inventory, Dec. 2021 37,000 Purchases 260,000 General Admin Expenses 62,000 Transportation in 10,000 Purchases returns 8,000 Marketing Expenses 40,000 Merchandise Inventory, Jan. 2021 36,000 Purchase Discounts 4,000 Quantity Sold 100,000 Price Per Unit SS Required: A) Compute the cost of goods purchased. B) Compute the cost of goods sold. C) Find out the NOT, NL