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Compute the Missing Inventory Values. The following information was disclosed in the Year 3 annual report of The Arcadia Company. Fill in the missing values.

Compute the Missing Inventory Values.
The following information was disclosed in the Year 3 annual report of The Arcadia Company.
Fill in the missing values.
Year 3 Year 2 Year 1
Beginning inventory Answer
Answer
$12,760
Purchase of inventory 46,850 Answer
42,940
Inventory available for sale Answer
Answer
55,700
Ending inventory Answer
11,855 Answer
Cost of goods sold 13,60042,48043,715Compute the Missing Inventory Values.
The following information was disclosed in the Year 3 annual report of The Arcadia Company.
Fill in the missing values.
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