Question 1 of 5 X Your answer is incorrect. Sunland Luggage uses a periodic inventory system and has the following account balances: Beginning inventory $29,140 Ending Inventory $16,920 Purchase Discounts 1880 Purchases 225,600 Purchase Returns and Allowances 2.820 Freight-In 10,340 Operating Expenses 82.720 Net sales 459,660 Compute each of the following (1) Net purchases 8460 (2) Cost of goods available for sale $ (3) Cost of goods sold eTextbook and Media Save for Later 0/2 Assistance Used Attempts: 1 of 7 used Submit A