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Blair Corp. has provided the following financial information for the past three fiscal years: 2018 2019 2020 Cash sales $ 175,000 $ 180,000 $ 187,000

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Blair Corp. has provided the following financial information for the past three fiscal years: 2018 2019 2020 Cash sales $ 175,000 $ 180,000 $ 187,000 Credit sales 1,250,000 1,285,000 1,315,000 Total sales 1,425,000 1.465,000 1,502,000 Cost of goods sold 855.000 879.000 901.200 Operating expenses 213,750 219,750 225,300 Accounts receivable 195,000 205,000 220,000 Inventory 145,000 155,000 165,000 Accounts payable 186,000 198,000 210,000

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