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question 2

B59 - B62. A review of the general ledger of Kwon, Inc. Company provides the following data for the fiscal year end April 30, 2020: The Company employs an inventory pricing model that expects to yield 37% gross profit on all sales. B59. Write in your expectation of Gross Profit on the answer sheet B60. Write in your expectation of Costs of Goods Sold on the answer sheet B61. Write in your expectation of Costs of Goods Available for sale on the answer sheet B62. Write in your expectation of Ending Inventory on the answer sheet B57. What is the interest expense on a $45,700,4.5%3 month Note Payable