The following data was taken from ledger account balances and supplementary data for the Whisk Company.

The following data was taken from ledger account balances and
supplementary data for the Whisk Company.
Merchandise inventory, beginning................................................ $ 20,000
Merchandise inventory, ending ..................................................... 23,000
Purchases ........................................................................................ 215,000
Purchases discounts ...................................................................... 6,000
Purchases returns and allowances ............................................... 3,000
Sales ................................................................................................. 400,000
Sales discounts ............................................................................... 3,200
Sales returns and allowances........................................................ 1,800
Transportation-in............................................................................. 10,000
Required:
Show the computation, in proper format, of net sales, cost of goods sold,
and gross profit for the year ended December 31, 20XX.