Question 9 The statement of earnings of Spazman Corporation includes the items listed below: Net sales $725,000 Gross profit 310,000 Beginning inventory 105,000 Purchase discounts 12,000 Purchase returns and allowances 8,000 Freight in 10,000 Operating expenses 285,000 Purchases 490,000 Required: Use the appropriate items listed above as a basis for determining: (a) Cost of goods sold. (b) Cost of goods available for sale. (c) Ending inventory.