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The following data were taken from the income statements of Mydorf Company. 2017 2016 Sales revenue $6,420,000 $6,240,000 Beginning inventory 960,000 840,000 Purchases 4,840,000 4,661,000

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

2017

2016

Sales revenue $6,420,000 $6,240,000
Beginning inventory 960,000 840,000
Purchases 4,840,000 4,661,000
Ending inventory 1,020,000 960,000

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