2a. Palm Industries had cost of goods sold of $19,000. If purchases were $22,000 and ending inventory was $5,500, Ace's beginning inventory must have been:

2b. Neakanie Industries sells specialized mountain bikes. Each specialized bike purchased includes free maintenance service for 12 months. The price of the specialized bike is $900. When sold separately, a maintenance contract is $400 and a comparable but non-specialized bike is $600. What amount of revenue will Neakanie recognize at the date of sale for each bike?

2c.

FAD Company uses a periodic inventory system and its inventory records for the period contain the following information:

Beginning inventory (115 units @ $58/unit)	$	6,670
Purchases (190 units @ $58/unit)		11,020
Ending inventory (165 units @ $58/unit)		9,570

What is the amount of cost of goods available for sale?