The penitent indeed satisfies the demands of justice through the purgatorial punishment, but nowhere does it say that he does so outside of the grace of Christ and the boundless merit of the sacrifice of the Cross. If there had been no Cross, there would be no Purgatory. See Col 1:24 again. Also see, from my #9 here:
"Dont indulgences duplicate or even negate the work of Christ?"Despite the biblical underpinnings of indulgences, some are sharply critical of them and insist the doctrine supplants the work of Christ and turns us into our own saviors. This objection results from confusion about the nature of indulgences and about how Christs work is applied to us.
Indulgences apply only to temporal penalties, not to eternal ones. The Bible indicates that these penalties may remain after a sin has been forgiven and that God lessens these penalties as rewards to those who have pleased him. Since the Bible indicates this, Christs work cannot be said to have been supplanted by indulgences.
The merits of Christ, since they are infinite, comprise most of those in the treasury of merits. By applying these to believers, the Church acts as Christs servant in the application of what he has done for us, and we know from Scripture that Christs work is applied to us over time and not in one big lump (Phil. 2:12, 1 Pet. 1:9).