Question: 5 Based on the information involving the changes in inventory and its relationship to goods available for sale as shown below, please calculate Ending Inventory

5 Based on the information involving the changes in inventory and its relationship to goods available for sale as shown below, please calculate Ending Inventory for 2022: Year 2021 Year 2022 Beginning inventory 10,000 7.000 Purchases 25,000 16,000 Goods available for ? ? sale Ending inventory 7,000 ? Cost of goods sold ? 8,500 9

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