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The following information was derived from the 2020 accounting records of Jersey Co.: Jersey's Central Warehouse Jersey's Goods held by consignees $28.000 $90,000 0 Beginning

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The following information was derived from the 2020 accounting records of Jersey Co.: Jersey's Central Warehouse Jersey's Goods held by consignees $28.000 $90,000 0 Beginning inventory $260,000 Purchases $475,000 Freight-in $15,000 Transportation to consignees 0 Freight-out $25,000 Ending inventory S290,000 Jersey's 2020 cost of sales was $5,000 S8,000 $20,000 1) $563.000. SALO

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