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The following data were taken from the income statements of Cullumber Company. 2022 2021 Sales revenue $6,529,000 $6,276,000 Beginning inventory 959,400 857,000 Purchases 4,674,480 4,643,400

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

2022 2021
Sales revenue $6,529,000 $6,276,000
Beginning inventory 959,400 857,000
Purchases 4,674,480 4,643,400
Ending inventory 1,101,000 959,400

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