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Page 1: Question 3 Page 4 o On January 1", 2020 Mile Ine's inventory was 555,000. During the year, the line purchased inventory 3150,000. Freight costs for this the inventory purchased totalled 15000 of this purchased inventory $50,000 was returned to the supplier and a 1% discount was taken on the remaining moun. Natut provide all were with me dollars, commes, periods or per . ? Question 24 (1 point) Blank 1: What was the goods available for sale during the year 12 -- Question 25 (1 point) 15 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 S127,000 what would the ending balance in the inventory account on December 31" be? Previous Page Next Page Page 2 of 8