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determining merchandise amounts periodic two or more items are omitted in each of t 645109

(Determining Merchandise Amounts—Periodic) Two or more items are omitted in each of the following tabulations of income statement data. Fill in the amounts that are missing.

 

2011

2012

2013

Sales   revenue

$290,000

$ ?

$410,000

Sales   returns and allowances

6,000

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

238,000

?

303,000

Gross   profit on sales

46,000

91,000

97,000

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