Blossom Supply Company reports net income of $ 148,800 in 2020. The ending inventory did not include goods valued at $ 11,16 that Blossom had consigned to Ell's Gift Shop (a) What is the correct net income for 2020? Correct net income Question 67 of 82 -13 View Policies Current Attempt in Progress A company's annual report usually will identify the inventory method used. Knowing that, you can analyze the effects of the inventory method on the income statement and balance sheet. Answer the following questions based on current year's annual report available on Cisco's website. (a) At Cisco's scalyear-end, what was the inventory on the balance sheet? Inventory $ Question 75 of 82 3 View Policies Current Attempt in Progress The written agreement between partners specifying the rights and duties of all partners is called the O articles of limitation articles of co-partnership articles of Incorporation O articles of responsibility Question 77 of 82 - / 1 View Policies Current Attempt in Progress The Pitt and Jolle partnership agreement stipulates that profits and losses will be shared equally after salary allowances of $32,000 to Pitt and $48,000 for Jolie and 10% interest allowance on capital balances at the beginning of the year. Each partner had a beginning capital balance of $80,000. If the net income for the year is $120,000, what is Pitt's share of the net income? $60,000 $48,000 O $68,000 $52.000 Svetor Loter Attempts: 0 of 1 used Submit