Finding unknown balances. An auditor for Canada Revenue Agency is trying to reconstruct some partially destroyed records of two taxpayers. For each case in the accompanying list, find the unknowns designated by capital letters (figures are in thousands).LO1

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Accounts receivable, December 31, 2009 Cost of goods sold $ 6,000 Case 1 Case 2 $ 2,100 A 20,000 Accounts payable, January 1, 2009 3,000 1,700 Accounts payable, December 31, 2009 1,800 1,500 Finished goods inventory, December 31, 2009 B 5,300 Gross margin 11,300 C Work in process, January 1, 2009 0 800 Work in process, December 31, 2009 0. 3,000 Finished goods inventory, January 1, 2009 4,000 4,000 Direct materials used 8,000 12,000 Direct manufacturing labour 3,000 5,000 Indirect manufacturing costs 7,000 D Purchases of direct material 9,000 7,000 Revenues 32,000 31,800 Accounts receivable, January 1, 2009 2,000 1,400