Beginning Raw Materials Inventory$75,000 Materials purchased Ending Raw Materials Inventory What is the amount of Raw Materials Used? $20,000 $30,000 $20,000 $65.000 $25,000 $45.000 General-purpose financial statements include the (1). - and Assets, Liabilities and Equity Earnings and Losses Owner/stockholder investment Source and usage of fnds Disclosures and Management Assertions Balance Sheet 1. 2. vStatement of Cash Flow 3. Income Statement 4. yNotes to the Financial Statement 5. vStatement of Owners Equity 6. Income Tax Return