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Some of L and M Eectronica's merhandise is gathering dust t is now December 31, 20E, and the cument replacement aost af the ending menchandie

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Some of L and M Eectronica's merhandise is gathering dust t is now December 31, 20E, and the cument replacement aost af the ending menchandie inventory a abalance of $370,000 Ad what amount should the company neport menchandise inventory on the balance shee Al what amount should the company epart oost of gpods sold on the income statemet? Choose yon MacBook Air 0 ntrol option command commandoption

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