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Consider the data of the following companies which use the periodic inventory system (Click the icon to view the data) Read the requirements Requirement 1.
Consider the data of the following companies which use the periodic inventory system (Click the icon to view the data) Read the requirements Requirement 1. Supply the missing amounts for each of the following companies Beginning Net Cost of Ending Net Sales Merchandise Inventory Merchandise Cost of Gross Company Revenue Inventory Purchased Inventory Goods Sold Profit Largo $ 107,000 $ 24,000 $ 58,000 $ 20,000 45,000 A Cas O Points: 0 of 1 nventory Merchandise Cost of Gross urchased Inventop Goods Sold Profit 58,000 $ Requirements 1. Supply the missing amounts in the preceding table. 2. Prepare the income statement for the year ended December 31, 2025, for Largo Company, which uses the periodic inventory system. Include a complete heading, and show the full computation of cost of goods sold. Largo's operating expenses for the year were $16,000. Print Done X Beginning Merchandise Inventory Net Cost of Ending Inventory Purchased Merchandise Cost of Gross Goods Fold Brolis 24,000 $ 58.0 Data table Beginning Net Cost of Company Net Sales Revenue Merchandise Inventory Inventory Purchased Ending Merchandise Inventory Cost of Goods Sold Gross Profit Largo $ 107,000 $ 24,000 $ 58,000 $ 20,000 (a) $ 45,000 Rose (b) 28,000 96,000 (c) 97,000 41,000 Maple 92,000 (d) 51,000 23,000 62.000 (0) Petal 84,000 13,000 (f) 9.000 (g) 46,000 Print Done
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