Need 1-5 answered

The Git Horse began 2021 weh 60.000 units of inventory that cost 536,000 . During 2021, The Git Horse purchased merchandise on account for $352,500 : Ifit (Cick the icon ta view the purchases) Cash payments on account totaled 5326,000 ouring the year (ignore purchase discounts). The Gitt Horso's sales during 2021 contisied of 520,000 units of inventiory for $660,000, all on account The company uses the FIFO ementory method. Cash colections from customers were 3630,000 . Operating expenses totaled $240,500, of which The Git Horse paid $211,000 in cash. The Git Horse creded Accrued Labilibes for the remaindec. At December 31, The Oh Horse acerved income tax expense at the rase of 35% of income before tax