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Given the following income statement information for Dundee Corporation, determine the missing amounts. Sales...

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Accounting

Given the following income statement information for Dundee Corporation, determine the missing amounts.

Sales $30,000 Beginning Inventory ???? Purchases 9,600 Purchases Discounts 150 Purchases Returns & Allowances ???? Net Purchases 9,200 Transportation-In 400 Goods Available for Sale 12,600 Ending Inventory ????? Cost of Goods Sold 11,100 Gross Profit ????? Operating Expenses ???? Net Income $12,800

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