A review of the general ledger of Hella Cool Products, Inc. provides the following

data for the FYE $12-31-2023$

:$\text{'}$ Sales Revenue $$4,276,000$

Pnventory:at $12-31-2022$ $$1,425,975$

:$\text{'}$ Purchases in $2023$

:$.$ Hella Cobloducts, Inc. employs a pricing model that yields $26\mathrm{.}7\%$ gross profit

$?$

:$.$ Required;

A$.$ Calculate and write in the following information

$1$ Write in the Costs of Goods Available for Sale $($COGAFS$)$

$

$

$

$

$4$ Write in your expectation of Ending Inventory

Use this space for your calculations:

:$.$ B; If a physical count of the Ending Inventory revealed inventory on hand at December $31,2023$

wass actually $$150,355$ select the best reason as to why?

A$)$ : Some inventory was lost or stolen

B$),$ Sales were understated for the period

C$)$ : Accounts Payable are understated

D$)$ Accounts Payable are overstated

E$)$ A'ccounts Receivable are understated

F Accounts Receivable are overstated

G$)$ Sols were overstated for the period