Instructions:  Fill in the amounts that are missing.                                                      2013                  2014              2015 Sales                                           217,500             ?                       307,500 Sales Returns                               8,250                  9,750               ? Net Sales                                    ?                      260,250               ? Beginning Inventory                15,000                    24,000            ? Ending Inventory                           ?                        ?                   ? Purchases                                       ?                   195,000         223,500 Purchase Returns & Allowances    3,750                6,000             7,500 Transportation - in                      6,000                6,750              9,000     Cost of Goods Sold                   174,750              ?                     219,750 Gross Profit                                  34,500             68,250               72,750

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