Part One: In 2018, Patsy Jackson opened Patsy's Posies, a small retail shop selling floral arrangements. (Click the icon to view the records.) Read the requirement (Part One). Part Two: Patsy's Posies was so successful that Patsy decided to manufacture her own brand of floral supplies: Floral City Manufacturing. | (Click the icon to view the records.) Read the requirements (Part Two). Part Three: Show the ending inventories that would appear on these balance sheets: i (Click the icon to view additional information.) Part One: Begin by calculating the cost of goods sold for the year. Patsy's Posies Calculation of Cost of Goods Sold For the Year Ended December 31, 2019 Plus: Less: