Lewis Incorporated and Clark Enterprises report the following amounts for the year.

Inventory (beginning) Inventory (ending) Purchases Purchase returns Lewis $ 25,000 19,000 276,200 16,000 Clark $ 51,000 61,000 244,600 61,000 Required: 1. Calculate cost of goods sold for each company. Lewis Clark Beginning inventory Cost of goods available for sale Cost of goods sold 3. Calculate the average days in inventory for each company. (Round your intermediate calculations to 1 decimal place.) Average Days in Inventory Lewis days Clark days