12:21 5GE ( xtra credit problem 1-1.docx EXTRA CREDIT CHAPTER 5 &6 During 2015, a company sells 220 units of inventory. The company has the following inventory purchase transactions for 2018 (6 points) Number of UnitsUnit Cost Total Cos 560 210 62 Date Transaction Jan 1 Beginning inventory Sep. 8 Purchase Nov 18Purchase 115 ses0o 13020 7 $2 2 410 Calculate cost of goods sold and ending inventory for 2015 Specific ID Sold all of beginning inventory, 25 from Nov 18 purchase, and the rest out of Sep 8 purchase. FIFO LIFO AVERAGE COST BONUS QUESTION: At 1/1/2019 the allowance had a debit balance of 5600. Jackson Inc. wrote off $23,000 of customer accounts on Jun5, 2019. Customers repaid Johnson $18,500 of the accounts that were written off on August 20, 2019. At 12/31/2019 AR was 250,000 and ntimatad amnt llantikla une 15 nne CP