The income statement of Leang's Luggage includes the items listed below. Net sales 5875,000 Gross profit 305.000 Beginning inventory 75,000 Purchase discounts 12.000 Purchase returns and allowances 8,000 Freight-in 10,000 Operating expenses 320,000 Purchases 560,000 Instructions Use the appropriate items listed above as a basis for determining: (a) Cost of goods sold. (b) Cost of goods available for sale. Ending inventory