APA1111C - ASSIGNMENT # 5 (CHPT 5) **** only # 1 is required**** TO Problem Se Financial Statements A list of accounts for Maple Inc. at December 2017, follow 3383 Required 1 Determine cost of oods sold for 2017 BI U DA B Hey I'm QWERTZUIOP ASDFGHJ K L + Y XCVBNM @ 123 123 space return Problem 5-9 Financial Statements LO2.3 A list of accounts for Maple Inc. at December 31, 2017, follows: Accounts Receivable Advertising Expense Buildings and Equipment, Net Capital Stock Cash Depreciation Expense Dividends Income Tax Expense Income Tax Payable Interest Receivable Inventory: January 1, 2017 December 31, 2017 $ 2,359 4,510 55,550 50,000 590 2,300 6,000 3.200 3,200 100 Land Net purchases Retained Earnings, January 1, 2017 Salaries Expense Salaries Payable Net sales Transportation in Utilities Expense $20,000+ 39.400 32,550 25,600 650 83,584 375 3,600 6,400 7,500 Required 1. Determine cost of goods sold for 2017