Benny's Beach Chairs sells a variety of chairs with all different colors and options. It's most popular model is called the King in which internet with a cup holder. Due to the increasing popularity of the King Neptune during the summer months, the cost to purchase the chairythroty The toweg cost information is available for the king Neptune chair Date 17/1 1775 7/14 7/20 Total Description Beginning inventory Purchase Purchase Purchase Units 100 200 400 700 1,400 Unit Cost $12 $13 $15 $16 Total 51.200 $2.600 $6,000 $11.200 $21.000 Assume Benny's uses the average cost method and sells 1.200 chairs during Joly. The dollar amount assigned to ending inventory at 7/31 would be $18,000 $3,000 $2,500 $18,500 Rhode Island Ice Cream Co. makes fresh ice cream and distributes it to local ice cream shops to sell in their stores. At December 11, 2000, the water follows: $ Accounts Payable Accounts Receivable Building AVD-Building Equipment ND - Equipment Cash Salaries Payable Sales Revenue Inventory Cost of Goods Sold Other Expenses Wet income for 2020 is 28.800 17.200 2,312.000 2,016,000 200,000 140,000 145,600 76,800 2,000,000 160,000 1,000,000 12.000 Land Common Stock Loan Payable long-term) Note Payable Insurance Expense Depreciation Expense Supplies Retained Earnings, 1/1 Salaries Expense Supplies Expense Dividends 572.000 398.800 140,000 20,000 48.000 116.000 18.400 152.000 307.200 44.000 20,000 O $454,400. $618,400 $472,800 $452,800