Question 5 of 5 -/6 E Below are the cost of goods sold sections for the most recent two years for two companies using a periodic inventory system: Fill in the numbered blanks to complete the cost of goods sold sections. Company 1 Company 2 Year 1 Year 2 Year 1 Year 2 Beginning $ $200 inventory $930 Purchases 1,610 Purchase returns 50 and 100 190 allowances Purchase discounts 30 50 170 Net 1.800 purchases 6,700 Freight in 140 Cost of goods 7.230 purchased Cost of goods available 2,350 for sale Ending 340 1.240 inventory Cost of goods sold 1.440 -76 = Fill in the numbered blanks to complete the cost of goods sold sections, Company 1 Company 2 Year 1 Year 2 Year 1 Year 2 $200 $930 $ 1.610 8,580 50 100 190 410 30 50 170 100 1,800 6,700 140 590 7,230 2,350 340 1,240 1.380 1.440 e Textbook and Media