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please help me understand how to do this Question 7 of 12 -/1 Question 7 of 12 View Policies Current Attempt in Progress Flaherty Company

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Question 7 of 12 -/1

Question 7 of 12 View Policies Current Attempt in Progress Flaherty Company had beginning inventoiy on M ay I Ot 312.000. During the month, the company made purchases of S40.OOO but returned S2,OOO of goods because they were defective, At the end Of the month. the irwentory on hand was valued at S 15.500. Calculate cost ot goods available for sale and cost of goods sold for the month. Cost of goods available for sale $ Cost Of goods sold eTextbook and Media Attempts: O of 3 used

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