50. Construct a profit and loss statement using the following departmental figures and show the dollar amounts for net sales, total cost of goods sold, gross margin, expenses, and profit. Gross sales $82,000 Customer returns and allowances $4,000 Inward freight $2,000 Workroom costs $1,000 Opening inventory at cost $17,000 Closing inventory at cost $14,000 Purchases at cost $36,000 Cash discounts 8% Advertising $5,000 Rent $12,000 Salaries $17,000 Miscellaneous expenses $2,500