5 Lewis Incorporated and Clark Enterprises report the following amounts for the year. Clark Check my work Part 1 of 4 Inventory (beginning) Inventory (ending) Purchases Purchase returns 6 points eBook Hint Lewis $ 28,000 22,000 $ 54,000 64,000 323,000 19,000 Required: 1. Calculate cost of goods sold for each company. 197,900 64,000 Ask Lewis Clark Beginning inventory $ Print Add: Purchases 28,000 $ 323,000 54,000 References Cost of goods available for sale Less: Ending inventory Cost of goods sold 22,000 64,000 $ 310,000