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In 2021, the BowWow Company purchased 19,090 units from its supplier at a cost of $14.00 per unit. BowWow sold 14,500 units of its product

In 2021, the BowWow Company purchased 19,090 units from its supplier at a cost of $14.00 per unit. BowWow sold 14,500 units of its product in 2021 at a price of $22.00 per unit. BowWow began 2021 with $826,700 in inventory (inventory is carried at a cost of $14.00 per unit). 

Using this information
i. compute BowWow's gross profit for 2021. 
ii. compute BowWow's 2020 ending inventory balance (in dollars).


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i To compute BowWows gross profit for 2021 you can use the following formula Gross Profit Total Sale... blur-text-image

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