Question: Compute the Missing Inventory Values . The following information was disclosed in the 2012 annual report of The Arcadia Company. Fill in the missing values.
Compute the Missing Inventory Values. The following information was disclosed in the 2012 annual report of The Arcadia Company.
Fill in the missing values.
| 2012 | 2011 | 2010 | |
|---|---|---|---|
| Beginning inventory | $Answer | $Answer | $12,560 |
| Purchase of inventory | 46,850 | Answer | 42,940 |
| Inventory available for sale | Answer | Answer | 55,500 |
| Ending inventory | Answer | 11,755 | Answer |
| Cost of goods sold | 13,600 | 42,480 | 43,715 |
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