W. Php. 10,000 D. Php. 16.000 11. Direction: In 20 minutes read and analyze the situation below then prepare the needed statement. The following data was taken from ledger account balances and supplementary data for ABM Company. Merchandise inventory beginning Php. 20,000.00 Merchandise inventory, ending 23.000.00 Purchases 315,000.00 Purchase discounts 6.090,00 Purchase Return and Allowances 3,000.00 Sales 400.000.00 Freight in 1.800.00 Required: Prepare statement of cost of goods sold and gross profit for the year ended December 31, 2020, In proper format, show the computation, Write your answer on the separate sheet of paper. (15-20 minutes to finish)What I Have Learned Complete the following statements by writing the correct word or words. 1. The mean of a discrete random variable is interpreted as the value of a random variable over repeated trials of an experiment. 2. The variance and standard deviation of a discrete randorn variable measured or described the of the assumed values of the random variable to the meant. 3. A small variance or standard deviation means that the assumed values or data points tend to be _to the mean. 4. A higher variance or standard deviation means that the assumed values or data points are from the mean