December $8$ Sold $41$ watches for $$20,541$ on account.

RWP$6-1($Algo$)$ Great Adventures Continuing Case Part $1$

Required:

$1-$a$.$ Calculate sales revenue, cost of goods sold, and ending inventory as of December $31,2025,$ assuming Suzie uses a FIFO perpetual inventory system to account for inventory.

$1-$b$.$ Prepare the gross profit section of a partial income statement for transactions related to MU watches.

Complete this question by entering your answers in the tabs below.

Calculate sales revenue, cost of goods sold, and ending inventory as of December $31,2025,$ assuming perpetual inventory system to account for inventory.

$\backslash$table$[[$Sales Revenue,$$,102,204],[$Cost of Goods Sold,,$],[$Ending Inventory,,$]]$