Question: Compute the Missing Inventory Values The following information was disclosed in the 2019 annual report of The Lincoln Company. Fill in the missing values. 2019

Compute the Missing Inventory Values The following information was disclosed in the 2019 annual report of The Lincoln Company.

Fill in the missing values.

2019 2018 2017
Beginning inventory $18,750
Purchase of inventory 45,850 43,400
Inventory available for sale 62,150
Ending inventory 9,655
Cost of goods sold 13,600 42,480 43,715

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