Question: Identify the missing dollar amounts in the equation shown below: Beginning inventory +Purchases $40,000 + ? - Ending inventory = $20,000 = Cost of sales

Identify the missing dollar amounts in the equation shown below:

Beginning inventory +Purchases $40,000 + ? - Ending inventory = $20,000 =

Beginning inventory +Purchases $40,000 + ? - Ending inventory = $20,000 = Cost of sales $100,000

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