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The following information was taken from the accounting records of Chicoutimi Lte, and Jonquire Lte. at December 31, 2020. The two companies are competitors.

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The following information was taken from the accounting records of Chicoutimi Lte, and Jonquire Lte. at December 31, 2020. The two companies are competitors. Chicoutimi Lte Jonquire Lte Ending inventory. Dec. 31, 2019 $402.000 $164,000 Ending inventory, Dec. 31, 2020 439,000 186,000 Cost of goods sold, 2020 2,859.400 1085,000 Sales for 2020 5,718.800 2.170,000

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