Question: Consider the following separate situations: Required Compute the missing amounts. William's Sarah's Clay's Widgets $4,000 4,230 470 Sofas Cars Beginning inventory Purchases (gross) Purchase returns

Consider the following separate situations:

Required
Compute the missing amounts.

William's Sarah's Clay's Widgets $4,000 4,230 470 Sofas Cars Beginning inventory Purchases (gross) Purchase returns Purchase discounts Transportation-in Cost of goods available for sale Ending inventory Cost of goods sold $2,350 (e) () 7,340 550 310 420 800 458 500 150 7,320 8,790 1,890 5,220 1,750 (d) 7,590

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