Required Determine the cost of goods sold and the ending inventory for the month of January 2011 h) You have the following information: Sales A/R beginning COGS A/R, ending A/P, beginning Depreciation expense Accumulated depreciation, beg Unearned revenues, ending $45,000 18,000 30,000 16,000 24,000 30,000 150,000 Inventory, beg A/P, ending P.P & E, beginning P.P&E, ending Accumulated depreciation, ending Unearned revenues, beg Gain on sale of assets Inventory, ending $15,000 29,000 300,000 250,000 135,000 4,000 6,000 17,000 1) Solve for cash from investing activities, assuming an asset with an original cost of $110,000 was sold. 2) Solve for cash collected from customers. 3) Solve for cash paid to suppliers