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E6-3 (Algo) Identifying Shrinkage and Other Missing Inventory Information [LO 6-2] Calculate the missing information for each of the following independent cases: E6-8 (Algo) Reporting

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E6-3 (Algo) Identifying Shrinkage and Other Missing Inventory Information [LO 6-2] Calculate the missing information for each of the following independent cases: E6-8 (Algo) Reporting Purchases, Purchase Discounts, and Purchase Returns Using a Perpetual Inventory System [LO 6-3] During the month of June, Ace Incorporated purchased goods from two suppliers. The sequence of events was as follows: June 3 Purchased good for $4,300 from Diamond Incorporated with terms 2/15,n/60. June 5 Peturned goods conting $1,200 to Diamond Incorporated for eredit on nccount. June 6 purchaned goode from Club Corporation for $1,100 with terma 2/15,n/60. June 11 Paid the balance owed to Dimmond incorporated. June 22 Paid Club Corporation in full. Required: Assume that Ace uses a perpetual inventory system and that the company had no inventory on hand at the beginning of the mont Calculate the cost of inventory as of June 30. (Do not round Intermediate calculations. Round your answer to 2 decimal places.) E6-10 (Algo) Reporting Net Sales after Sales Discounts [LO 6-4] During the months of January and February, Solitare Corporation sold goods to two customers. The sequence of events was as follows: January 6 fold goodn for $280 to Wizard Incorporated with termn 2/30, n/60. The goodn cont: Bolitare $79. January 6 sold goodn to Spyder Corporation for $107 with teran 1/10, n/30. The gooda coat golitare $69. January. 14 Collected eash for the anount due from Wirard Ineorporated. February 2 if Colleeted eanh for the amount due from spydur Corporation. Requlred: Compute the Net Sales Solitare would report over the two months. (Do not round Intermedlate calculatlons. Round your answer to 2 decimal places.) E6-16 (Algo) Inferring Missing Amounts Based on Income Statement Relationships [LO 6-6] Supply the missing dollar amounts for the income statement of Williamson Company for each of the following independent cases

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