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The following data were taken from the income statements of Swifty Company. 2022 2021 Sales revenue $6,375,000 $6,238,000 Beginning inventory 931,000 843,000 Purchases 4,612,000
The following data were taken from the income statements of Swifty Company. 2022 2021 Sales revenue $6,375,000 $6,238,000 Beginning inventory 931,000 843,000 Purchases 4,612,000 4,966,500 Ending inventory 1,061,000 931,000
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