This exercise stresses the relationships between the information recorded in a periodic inventory system and the basic elements of an Income statement. Each of the five lines represents a separate set of Information. You are to fill in the missing amounts. (Enter loss amounts as a negative number.) Net Sales Cost of Goods Sold Gross Profit Expenses Ending Inventory 35,200 Net Income or (Loss) a Beginning Inventory 76,000 76,000 160,000 Net Purchases 104.000 290,000 85.200 72,000 b 230,000 470,000 630,000 790,000 20,000 264,000 441,000 C d 200,000 135,000 150,000 160,000 260,000 450,000 189.000 234.000 140.000 156,000 450.000 (15,000)