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The following data are provided: Additionalinformation: Depreciation included in cost of goods sold and operating expenses is $1205000. On May 1, 2021, 65000 shares of

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The following data are provided: Additionalinformation: Depreciation included in cost of goods sold and operating expenses is $1205000. On May 1, 2021, 65000 shares of common stock were issued. The preferred stock is cumulative. The preferred dividends were not declared during 2021. The inventory turnover for 2021 is 12750+25008350+23758350+250012750+2375

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