Tippah Antiques uses the periodic inventory system to account for its inventory transactions. The following account titles and balances were drawn from Tippahs records for Year $2$; beginning balance in inventory $$24,600$; purchases $$306,5000$; purchases returns and allowances $$12,700$; sales returns and allowances $$6,270$; freight in $$1820$ and operating expenses $$51,200.$ A physical count indicated that $$24,500$ of merchandise was on hand at the end of the accounting period. a$.$prepare a schedule of cost of goods sold b$.$prepare a multistep income statement