QUESTIONS: 4. Complete the following table e Case 1 160,000 20,000 80,000 a Case 2 Case 3 450,000 f 140,000 60,000 i g 500,000 30,000 j 50,000 k h 200,000 20,000 1 5,000 50,000 Net sales Merchandise inventory, Jan. 1 Purchases Total goods available for sale Merchandise inventory, Dec. 31 Cost of goods sold Gross profit Expenses Net income b C 80,000 50,000 d