The following data was taken from the Metropolitan University, Inc. Income Statement:): Cost of goods sold $30,000 Purchase returns and allowances 1,500 Sales returns and allowances 3,750 Gross profit 25,000 Selling expenses 9,000 Net income 10,750 Transportation-in 1,250 Purchases 35,000 Ending inventory 8,790 Compute (ignore taxes) a. Sales b. Beginning Inventory c. General and administrative expenses