_______ Wu Menswear Shop regularly buys shirts from Xu company from Xu on May 27, and received an invoice with a list price amount of $3, 600 and payment terms of 2/10, n/30. Wu uses the net method to record purchases. Wu should record the purchase at $3, 430 $3, 500 $3, 528 $3, 600 ___When using the gross profit method to estimate ending inventory, it is not necessary to know: Beginning inventory Net purchases. Cost of goods sold. Net sales. ___ Sakiko Co. uses a periodic inventory system. Beginning inventory on January 1 was overstated by $32,000, and its ending inventory on December 31 was understated by $62,000. These errors were not discovered until the next year. As a result, Sakiko's cost of goods sold for this year was: Overstated by $94,000. Overstated by $30,000. Understated by $94,000. Understated by $30,000