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The income statement of Jue's Luggage includes the items listed below: Net sales Gross profit Beginning inventory Purchase discounts Purchase returns and allowances Freight-in Operating

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The income statement of Jue's Luggage includes the items listed below: Net sales Gross profit Beginning inventory Purchase discounts Purchase returns and allowances Freight-in Operating expenses Purchases $900,000 315,000 80,000 15,000 8,000 10,000 300,000 560,000 Use the appropriate items listed above as a basis for determining: (a) Cost of goods sold $ (b) Cost of goods available for sale A (C) Ending inventory $

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