Question 6 Swifty Company's financial information is presented below. Sales Revenue Sales Returns and Allowances Net Sales $ ???? Cost of Goods Sold 37000 Gross Profit 868000 536000 ???? The missing amounts above are: Sales Revenue Gross Profit $905000 $332000 $832000 $332000 $905000 $416000 $832000 $416000 Question 3 Bonita's Market recorded the following events involving a recent purchase of merchandise: Received goods for $55000, terms 2/10, n/30. Returned $1000 of the shipment for credit. Paid $400 freight on the shipment. Paid the invoice within the discount period. As a result of these events, the company's inventory increased by $54400 $53320 $52920 $53314. Question 4 Vaughn Company reported the following balances at June 30, 2018: $17700 600 Sales Revenue Sales Returns and Allowances Sales Discounts Cost of Goods Sold 300 7800 Net sales for the month is $9000. $17100 $16800 $17700. Question 8 Fetherston Company's goods in transit at December 31 include: purchases made sales made (1) FOB destination (2) FOB shipping point (3) FOB destination (4) FOB shipping point Which items should be included in Fetherston's inventory at December 31? (2) and (3) (1) and (4) (2) and (4) (1) and (3)