Use the following information to answer the questions below: Opening Inventory 52000 Purchases 158000 Net Purchases 149500 Freight In 16000 Cost of Sales 156500 All figures should be entered as xxxx, no punctuation or symbols (including %) What is the value of purchase discounts and purchase returns and allowances X What is the cost of goods available for sale X What is closing inventory X TOVITTI If net sales revenue is 195625 what is the gross profit X What is the gross profit percentage X Calculate the Rate of Inventory Turnover (to one decimal place) X Calculate Days in Inventory Ratio using Inventory T/O to 1 decimal place (rounded to whole days) X