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Use the following information regarding Crane Company and Sheridan Company to answer the question Which of the following is Crane Company's cost of goods sold

Use the following information regarding Crane Company and Sheridan Company to answer the question "Which of the following is Crane Company's "cost of goods sold" for 2021 (to the closest dollar)?" Year Inventory Turnover Ending Inventory Crane Company 2020 $26410 2021 9.1 $29770 2022 7.8 $30460 Sheridan Company 2020 O $271821 O $255619 O $237588 $270907 $25850 2021 6.7 $24780 2022 7.9 $23400

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