The income statement of Waterway Company is presented here.

WATERWAY COMPANY Income Statement

For the Year Ended November $30,2022$

Sales revenue

Cost of goods sold

$\backslash$table$[[$Beginning inventory,$$1,980,800,],[$Purchases$,4,326,200,],[$Goods available for sale,$6,307,000,],[$Ending inventory,$1,649,800,],[$Total cost of goods sold,,$4,657,200$