Lewis Incorporated and Clark Enterprises report the following amounts for the year. Part 1 of 4 Inventory (beginning) Inventory (ending) Purchases Purchase returns Lewis $ 21,000 15,000 216,600 12,000 Clark $ 47,000 57,000 207, 400 57,000 points eBook Hint Required: 1. Calculate cost of goods sold for each company. Print References $ $ Beginning inventory Add: Purchases Less: Purchase returns Lewis 21,000 216,600 12,000 Clark 47,000 207,400 57,000 Cost of goods available for sale Less: Ending inventory Cost of goods sold 204,000 15,000 189,000 150,400 57,000 93,400 | $ $