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Exercise 6-8 (Part Level Submission) The following comparative information is available for Sarasota Corp. for 2017. LIFO FIFO Sales revenue Cost of goods sold Operating

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Exercise 6-8 (Part Level Submission) The following comparative information is available for Sarasota Corp. for 2017. LIFO FIFO Sales revenue Cost of goods sold Operating expenses (including depreciation) Depreciation Cash paid for inventory purchases " $83,810 83,810 39,770 28,340 28,380 10,290 10,290 32,230 el 28,380 32,230 dy

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