(determining merchandise amounts-periodic) Fill the amounts that are missing. Sales revenue - (2016): $290,000 (2017)$? (2018) $410,000 Sales returns and allowances - (2016)$11,000 (2017)$13,000 (2018) $? Net sales (2016) $? (2017)$347,000 (2018)$? Beginning inventory (2016) $20,000 (2017)$32,000 (2018)$? Ending inventory (2016) $? (2017) $? (2018) $? Purchases (2016) $? (2017)$260,000 (2018)$98,000 Purchase returns & allownces 2016)$5,000 (2017)$8,000 (2018)$10,000 Freight-in (2016)$8,000 (2017)$9,000 (2018)$12,000 Cost of goods sold (2016)$233,000 (2017)$? (2018)$293,000 Gross profit on sales (2016)$46,000 (2017)$91,000 (2018)$97,000 Instructions: Two or more items are omitted in each of the following tabulations of income statement data. Fill in the amounts($?) that are missing.
(determining merchandise amounts-periodic) Fill the amounts that are missing.
Sales revenue - (2016): $290,000 (2017)$? (2018) $410,000
Sales returns and allowances - (2016)$11,000 (2017)$13,000 (2018) $? Net sales (2016) $? (2017)$347,000 (2018)$? Beginning inventory (2016) $20,000 (2017)$32,000 (2018)$? Ending inventory (2016) $? (2017) $? (2018) $? Purchases (2016) $? (2017)$260,000 (2018)$98,000 Purchase returns & allownces 2016)$5,000 (2017)$8,000 (2018)$10,000 Freight-in (2016)$8,000 (2017)$9,000 (2018)$12,000 Cost of goods sold (2016)$233,000 (2017)$? (2018)$293,000 Gross profit on sales (2016)$46,000 (2017)$91,000 (2018)$97,000
Instructions: Two or more items are omitted in each of the following tabulations of income statement data. Fill in the amounts($?) that are missing.
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