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Applying the Cost of Goods Sold Model The following amounts were obtained from the accounting records of Enderle Company: 2016 2017 2018 $38,900 (b) (d)

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Applying the Cost of Goods Sold Model The following amounts were obtained from the accounting records of Enderle Company: 2016 2017 2018 $38,900 (b) (d) Beginning inventory Net purchases $71,200 $91,820 42,100 (c) 42,350 Ending inventory Cost of goods sold 83,500 90,800 (e) Required: Compute the missing amounts. 2016 2017 2018 $ $ Beginning inventory $38,900 Net purchases $71,200 $91,820 42,100 42,350 Ending inventory Cost of goods sold 83,500 90,800

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