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Revenues Purchases Shipping of merchandise to customers Depreciation of Store Fixtures Merchandise inventory, December 31, 2019 Purchase discounts General and administration costs Purchase returns and

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Revenues Purchases Shipping of merchandise to customers Depreciation of Store Fixtures Merchandise inventory, December 31, 2019 Purchase discounts General and administration costs Purchase returns and allowances Transportation-in Merchandise inventory, January 1, 2019 Marketing, distribution, and customer service costs $199,500 163,500 1,425 2,605 31,050 5,650 18,700 8,100 6,250 28,950 13,575 a) Prepare a cost of goods purchased statement for 2019 Foundations of Management Accounting - uestion 1 continued b) Prepare a cost of goods sold statement for 2019. c) Prepare the income statement for 2019

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