The following amounts were obtained from the accounting records of Steed Company: Required: Compute the missing amounts. Year 1 Year 2 Year 3 Beginning inventory $14,600 $fill in the blank 1 $fill in the blank 2 Net purchases fill in the blank 3 62,300 55,100 Ending inventory 11,200 fill in the blank 4 13,750 Cost of goods sold 44,500 49,800 fill in the blank 5