At the beginning of the year, Albertson Incorporated reports inventory of $6,900. During the year, the...

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At the beginning of the year, Albertson Incorporated reports inventory of $6,900. During the year, the company purchases additional inventory for $21,900. At the end of the year, the cost of inventory remaining is $8,900. Calculate cost of goods sold for the year. Beginning inventory Cost of goods available for sale Cost of goods sold $ 6,900 At the beginning of the year, Albertson Incorporated reports inventory of $6,900. During the year, the company purchases additional inventory for $21,900. At the end of the year, the cost of inventory remaining is $8,900. Calculate cost of goods sold for the year. Beginning inventory Cost of goods available for sale Cost of goods sold $ 6,900

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