The following amounts were obtained from the accounting records of Wachter Sports Products Inc.: Required: Compute the missing amounts. 2018 2019 Net sales $fill in the blank 1 $154,810 Cost of goods sold: Beginning inventory $fill in the blank 2 $fill in the blank 3 Purchases 104,250 $fill in the blank 4 Goods available for sale $fill in the blank 5 $127,500 Ending inventory (6,940) $fill in the blank 6 Cost of goods sold 104,730 $fill in the blank 7 Gross margin $28,600 $38,980