1. For this numeric question, 10 points

a. What is the cost of delivered purchases

b. What is the cost of goods available for sale

c. What is the cost of goods sold

13. The list of accounts balances of Sassy Co. for December 31, 2019 are the following: Sales Revenue 5,000,000 Commission Income 28,000 Dividend Income 16,000 Sales Commission 500,000 Gain on sale of equipment 100,000 Interest Expense 180.000 Rent Expense 400,000 inventory, Dec. 31, 2019 520,000 Purchases (net of returns) 2,800,000 Administrative salaries 720.000 Office Supplies expense 110,000 Dividends declared 800,000 Unrealized gain on investment at fair value through profit & loss 55,000 Unrealized gain on investment at fair value through Other CI 88,000 Depreciation exp.- Store Equipt 70,000 Depreciation exp.- Ofc, Equipt 50,000 Freight-in 80,000 Freight-out 120,000 Additonal information: Merchandise Inventory Jan 1, 2019 450,000; Income tax rate 30%; Rent expense allocated 60% and 40% selling and administrative respectively