The following is given for Kirkland's Jewelry Wholesalers for the year ended December 31, 20X8 ($ in thousands) EE (Click the icon to view the data.) Requirement 1. Prepare a detailed gross profit section for Kirkland's Jewelry Wholesalers for the year ended December 31, 20X8 ($ in thousands), computing the amount for Gross Sales Data Table $12 Cash discounts on sales Cash discounts on purchases Sales returns and allowances Gross purchases Merchandise inventory 28 15 30 21 Purchase returns and allowances 520 Freight in Merchandise inventory December 31, 20X7 105 December 31, 20X8 240 Gross profit 643 Print Done