t or go66s 9ld Will be Higher and ending inventory will be higher D) Cost of goods sold will be lower and ending inventory will be higher E) None of the above Part Il: Problems (You are required to list the steps for the calculation and highlight the answers). (70 Points) 1. Following is selected financial information for Aiello, Inc. for the years 2017 and 2016. Please use your knowledge to complete the missing information in the following table. (10 Points) 2017 ($ millions) Beginning retained earnings S Net income (loss) Dividends Ending retained earnings 2016 $245,870 79,980 88,030 25,120 ? 290,570