Check Figures: February Net Income =$20,350 February Total Assets =$344,150 On February 15, there are two debits related to the sale of inventory: accounts receivable and COGS. What is the amount of the debit to COGS? Remember, you need the information in your course packet on p. 198-199. Gotham uses LIFO and purchased inventory on February 5 that you must consider for this problem. 1950 35000 1000 1500 Question 4 2 pts On February 28, adjusting entries are needed. For depreciation, what is the amount of depreciation expense for February? \begin{tabular}{|l|} \hline 1.000 \\ \hline 12.000 \\ \hline 500 \\ \hline 1.500 \\ \hline \end{tabular} Check Figures: February Net Income =$20,350 February Total Assets =$344,150 On February 15, there are two debits related to the sale of inventory: accounts receivable and COGS. What is the amount of the debit to COGS? Remember, you need the information in your course packet on p. 198-199. Gotham uses LIFO and purchased inventory on February 5 that you must consider for this problem. 1950 35000 1000 1500 Question 4 2 pts On February 28, adjusting entries are needed. For depreciation, what is the amount of depreciation expense for February? \begin{tabular}{|l|} \hline 1.000 \\ \hline 12.000 \\ \hline 500 \\ \hline 1.500 \\ \hline \end{tabular}