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Two or more items are omitted in each of the following tabulations of income statement data. Fill in the amounts that are missing. 2019 2020

Two or more items are omitted in each of the following tabulations of income statement data. Fill in the amounts that are missing.

2019

2020

2021

Sales revenue $290,000

$

$410,000
Sales returns and allowances (11,000) (13,000)

Net sales

347,000

Beginning inventory 20,000 32,000

Ending inventory

Purchases

260,000 298,000
Purchase returns and allowances (5,000) (8,000) (10,000)
Freight-in 8,000 9,000 12,000
Cost of goods sold (233,000)

(293,000)
Gross profit on sales 46,000 91,000 97,000

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