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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. 2018 2019
Two or more items are omitted in each of the following tabulations of income statement data. Fill in the amounts that are missing.
2018 | 2019 | 2020 | ||||||||
Sales | $299,000 | $ | $412,000 | |||||||
Sales returns | 6,000 | 13,100 | ||||||||
Net sales | 347,000 | |||||||||
Beginning inventory | 21,600 | 31,000 | ||||||||
Ending inventory | ||||||||||
Purchases | 274,000 | 318,000 | ||||||||
Purchase returns and allowances | 4,800 | 8,300 | 10,500 | |||||||
Transportation in | 8,900 | 9,800 | 12,100 | |||||||
Cost of goods sold | 239,000 | 301,000 | ||||||||
Gross profit on sales | 54,000 | 92,800 | 96,500 |
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