Question: Presented below are the components in determining cost of goods sold. Determine the missing amounts. Beginning Inventory Purchases Cost of Goods Available for Sale Ending

Presented below are the components in determining cost of goods sold. Determine the missing amounts.

Beginning Inventory Purchases Cost of Goods Available for Sale Ending Inventory Cost of Goods Sold $120,000 (a) $80,000 (b) $50,000 (c)? $100,000 $115,000 S160,000 $35,000 $29,000 $110,000

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