The following data were extracted from the accounting records of Rockford Company for the year ended December 31, 2020. Merchandise Inventory, January 1, 2020..................$2500 Merchandise Inventory, December 31, 2020............$2600 Sales..............................................................................$37000 Sales Discount................................................................$6000 Salaries Expense............................................................$6700 Purchases........................................................................$27000 Purchase Returns and Allowances................................$1600 Accounts Payable............................................................$20000 Owner's Capital...............................................................$7400 Freight In..........................................................................$900 Freight Out.....................................................................$700

1. Net Purchases $ ?

2. Net Sales $ ?

3. Cost of Goods Purchased $?

4. Cost of Goods Available for Sale $ __?

5. Cost of Goods Sold $ ______?

please give correct answers first .