1. Northern Sportsis the company we will use for our second project.Project 2 follows a similar pattern to Project 1.However, Northern Sports is a merchandising company so there is an emphasis on inventory records.

Theproject begins on page 597of your textbook.You will complete the step by step instructions and use your documents to answer the questions onpage 614of your textbook.Check Figures_Project 2_20e

Income Statement:

Total Cost of Sales_ 6,928.50 as of 1.31.17

Cash Flow Statement:

Total Adjustments for Month Ended as of1.31.17_4,421.44

Inventory Report:

1. Total Inventory Value: 15,435.00 as of 1.31.17