1. Calculate the missing amount with the calculations (it is important that the question will only be marked based on your calculations):

Sl. No.	Beginning Inventory	Purchase	Cost of Goods available for Sale	Ending Inventory	Cost of Goods sold
i)	80,000	100,000	?	?	120,000
ii)	?	110,000	160,000	29,000	?

1. XYZ Company use periodic inventory system and has the following accounts balance:

Purchase RO 400,000; purchase return and allowance RO 12,000; purchase discount RO 8,000; and freight RO 12,000; beginning inventory RO 50,000; ending inventory RO 80,000 and the Gross profit RO 414,000. Calculate the cost of goods purchased.