Company „Laboratory Inc.“ produces low-budget microscopes for laboratories. In the year 2019 the company experienced overall rather low demand for its products. During year-end controlling department provided the following data to the management:
Sold microscopes in 2019: 4100 with an average price of $ 190
Produced microscopes in 2019: 4500 with an average cost of $ 170.

Analyze and interpret those numbers especially considering the matching principle and the effects to all elements of the financial statements, i.e. balance sheet (inventory), income statement (Cost-of-goods-sold, Gross profit), and cash-flow statement (for CF: considering only operational activities, assuming all revenues/costs have been paid before year-end; no inventory at the beginning of the year 2019).