How do I calculate the sales revenue, cost of goods sold and ending inventory for this problem?

Required information I [The foiiowing information applies to the questions displayed below] Now that operations for outdoor clinics and TEAM events are running smoothly, Suzie thinks of another area for business expansion. She notices that a few clinic participants wear multiuse (MU) watches. Beyond the normal timekeeping features of most watches. MU watches are able to repon temperature, altitude. and barometric pressure, MU watches are waterproof, so moisture from kayaking, rain, shing, or even diving up to 100 feet won't damage them. Suzie decides to . have MU watches available for sale at the start of each clinic, The following transactions relate to purchases and sales of watches during the second half of 2022. All watches are sold for $507 each. Jul. 17 Purchased 5? watches 'For $8,949 ($157 per watch) on account. Jul. 31 Sold 4? watches for $23,829 cash. Aug. 12 Purchased 47 watches for $7,849 ($167 per watch) cash. Aug. 22 Sold 37 watches for $13,759 on account. Sep. 19 Paid for watches purchased on July 17. Sep. 27 Receive cash of $13,200 for watches sold on account on August 22. Oct. _27 Purchased 87 watches for $15,399 ($177 per watch) cash. Nov. 29 Sold 9? watches for $49,179 cash. Dec. 4 Purchased 114 watches for $21,318 ($187 per watch) on account. Dec. 8 Sold 4? watches for $23,829 on account. Required: 1-3. Calculate sales revenue, cost of goods sold. and ending inventory as of December 31, 2022, assuming Suzie uses FIFO to account for inventory; ( Prev 12 13 iof13 EEE Next >