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How do I find ending inventory for 2011 from this information??? rtial ball nce sheet and income sta erit for King Corporation KING CORPORATION Partial

How do I find ending inventory for 2011 from this information???image text in transcribed

rtial ball nce sheet and income sta erit for King Corporation KING CORPORATION Partial Balance Sheet Assets December 31, 2011 Current assets: Cash Marketable securities Trade receivables, less allowance of $6,000 Inventories, LIFO Prepaid expenses Total current assets Liabilities Current liabilities: Trade accounts payable Notes payable (primarily to banks) and commercial paper Accrued expenses and other liabilities Income taxes payable Current maturities of long-term debt Total current liabilities $ 33,493 215,147 255,000 523,000 26,180 $1,052,820 $ 103,689 210,381 120,602 3,120 22,050 $ 459,842 KING CORPORATION Partial Income Statement For Year Ended December 31, 2011 Net sales Miscellaneous income $3,050,600 45,060 $3,095,660 Costs and expenses: Cost of sales Selling, general, and administrative expenses Interest expense Income taxes $2,185,100 350,265 45,600 300,000 2,880,965 $ 214,695 Net income Note: The trade receivables at December 31, 2010, were $280,000, net of an allowance of $8,000, for a gross receivables figure of $288,000. The inventory at December 31, 2010, was $565,000

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