Question: Brief Exercise 5-1 Presented below are the components in determining cost of goods sold. Determine the missing amounts. Beginning Inventory Purchases Available for Sale Inventory

Brief Exercise 5-1 Presented below are the components in determining cost of goods sold. Determine the missing amounts. Beginning Inventory Purchases Available for Sale Inventory Cost of Goods Ending Cost of Goods Sold $80,000 $100,000 $120,000 $50,000 s $35,000 $ $115,000 (c) s $110,000 $160,000 $29,000

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