The following data were taken from the income statements of Kingbird Company. Net Sales Beginning inventory Purchases Ending inventory 2027 $6,388,000 944.000 4,579,500 1,046,000 2026 $6.301.000 826,000 4,454,500 944,000

The following data were taken from the income statements of Kingbird Company. The following data were taken from the income statements of Kingbird Company