Question: E8-6. (Determining Merchandise AmountsPeriodic) 4 Two or more items are omitted in each of the following tabulations of income statement data. Fill in the amounts

E8-6.

(Determining Merchandise AmountsPeriodic)

4

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

2013

2014

2015

Sales revenue $290,000 $???? $410,000
Sales returns and allowances 11,000 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 233,000 ? 293,000
Gross profit on sales 46,000 91,000 97,000
(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

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