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wo or more items are omitted in each of the following tabulations of income statement data. Fill in the amounts that are missing. 2016 2017

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

2016

2017

2018

Sales revenue$287,390$

$407,960Sales returns and allowances(12,020)(12,550)

Net sales

349,848

Beginning inventory19,75033,500

Ending inventory

Purchases

260,460297,376Purchase returns and allowances(4,770)(7,200)(10,980)Freight-in8,3508,66013,080Cost of goods sold(231,210)

(291,795)Gross profit on sales44,16094,480102,340

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