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Nguyen Pty Ltd had the following particulars in the 2020 and 2021 years: 2020: Opening stock $20,000 Purchases: $12,500 Closing stock: $10,000 2021: Opening stock:

Nguyen Pty Ltd had the following particulars in the 2020 and 2021 years: 2020: Opening stock $20,000 Purchases: $12,500 Closing stock: $10,000 2021: Opening stock: $10,000 Purchases: $7,500 Closing stock: $3,000 Calculate the Cost Of Good Sold for Nguyen Pty Ltd in each of the 2020 and 2021 income years.

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