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Determining the Beginning and Ending Inventory from a Partial Spreadsheet: Periodic Inventory System From the following partial spreadsheet, indicate the dollar amount of beginning and

Determining the Beginning and Ending Inventory from a Partial Spreadsheet: Periodic Inventory System
From the following partial spreadsheet, indicate the dollar amount of beginning and ending merchandise inventory to be used to compute cost of goods sold.
\table[[ACCOUNT TITLE,ADJUSTMENTS,ADJUSTED TRIAL BALANCE],[DEBIT,CREDIT,DEBIT,CREDIT],[Merchandise Inventory,61,000.00,56,000.00,61,000.00,],[Estimated Returns Inventory,6,000.00,5,400.00,6,000.00,],[Supplies,,4,700.00,3,300.00,],[Prepaid Insurance,,1,600.00,3,800.00,],[Customer Refunds Payable,,2,200.00,,7,200.00
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