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Page 1: Question 3 wage to 6 On Jumay 1, 2020 Mile Ine's inventory was 555,000. During the year, Willeine purchased inventorying 3150,000. Freight costs

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Page 1: Question 3 wage to 6 On Jumay 1", 2020 Mile Ine's inventory was 555,000. During the year, Willeine purchased inventorying 3150,000. Freight costs for this the inventory purchased totalled 15000 of this purchased inventory $50,000 was returned to the wupplier and a 1% discount was taken on the remaining moun. Notat provide all were with me dollars, commes, periods or specer Question 24 (1 point) Blank #1: What was the goods available for sale during the year 11 12 15 Question 25 (1 point) Blank #2: If the ending balance in the inventory account on December 31 was $20,000, what would the cost of goods sold be? 18 21 Question 26 (1 point) Blank#3: Disregard your answer in Blank #2. If instead, the ending balance in the cost of goods sold was $127,000 what would the ending balance in the inventory account on December 31" be? Previous Page Next Page Page 2 of 8

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