In recent years, the iconic American motorcycle company has seen costs rising and demand falling. In mid-2020, the company announced that it would be cutting production and revamping inventory management. Looking at the most current annual reports, how many motorcycles did Harley-Davidson, Inc. sell? Using the cost of goods sold from the income statement, what do you think is the average cost of a motorcycle sold? From that data and inventory on the balance sheet, can you estimate the number of motorcycles in ending inventory? How do those numbers compare with prior years? What is the average sales price, and the average gross profit? What are total selling, general, and administrative costs, and how do those compare to the gross profit reported on the financials? From those numbers, could you estimate the number of motorcycles Harley-Davidson, Inc. would have to sell in order to just break even? How do costs as shown on the financial statements compare to the way you might want to classify costs based on what you have learned in this module? As a managerial accountant, what kind of strategies would you recommend to the company that might help it better manage inventory? What other kinds of ideas do you have that might help Harley-Davidson, Inc. increase the bottom line