The data below are for Marvin Department Store. The account balances (in thousands) are for 2019, (Click the icon to view the account balances) Required Compute (a) cost of goods purchased and (b) cost of sales. Requirement (a) Compute cost of goods purchased Calculate the cost of goods purchased by completing the schedule. (Only complete the necessary answer boxes.) Marvin Department Store Schedule of Cost of Goods Purchased For the Year Ended December 31, 2019 (in thousands) Add Choose from any list or enter any number in the input fields and then continue to the next question Chp ele The data below are for Marvin Department Store. The account balances (in thousands) are for 2019 (Click the icon to view the account balances) Required Compute (a) cost of goods purchased and (b) cost of sales. Deduct Cost of goods purchased Requirement (b) Compute cost of sales Next, calculate the cost of sales by completing the following schedule Marvin Department Store Schedule of Cost Sales For the Year Ended December 31, 2019 (in thousands) Choose from any list or enter any number in the input fields and then continue to the next question OP The data below are for Marvin Department Store. The account balances (in thousands) are for 2019 Click the icon to view the account balances) Required Compute (a) cost of goods purchased and (b) cost of sales. Requirement (b) Compute cost of sales Next, calculate the cost of sales by completing the following schedule. Marvin Department Store Schedule of Cost Sales For the Year Ended December 31, 2019 (in thousands) Cost of sales Choose from any list or enter any number in the input fields and then continue to the next question () 14 of 16 (0 complete) account balar i Account Balances sales owing schedul tore les Marketing, distribution, and customer-service costs Merchandise inventory, January 1, 2019 Utilities General and administrative costs Merchandise inventory, December 31, 2019 Purchases Miscellaneous costs Transportation in Purchase returns and allowances Purchase discounts $ 37,000 27,000 17,000 43,000 34.000 er 31, 2019 155,000 ] 3 4,000 7.000 4,000 6,000 ] Print Done fields and hop