Printer Supply Company sells computer printers and printer supplies. One of its products is a toner cartridge for laser printers. At the beginning of the year, there were 200 cartridges on hand at a cost of 561 each During the year, Printer Supply purchased 1,480 cartridges at 561 each sold 845 cartridges at $93 each, and sold an additional 680 cartridges at S101 each after a midyear selling price increase Printer Supply returned 20 defective Cartridges to the supplier. In addition, customers returned 10 cartridges that were purchased at $10 to Printer Supply for various reasons Assume that Printer Supply uses a periodic inventory system Required: 1. Prepare journal entries to record the purchases, sales, and return of inventory Assume that was purchases and sales are on crecht but no discounts were offered 2. What is the cost of ending inventory cost of goods sold, and gross prant