Question: Determine the missing amount for each separate situation involving inventory cost flows. (1) (2) (3) Cost of merchandise purchased $ 142,000 $ 291,000 Merchandise

Determine the missing amount for each separate situation involving inventory cost flows. (1) (2) (3) Cost of merchandise purchased $ 142,000 $ 291,000 Merchandise inventory, beginning 108,000 30,000 Merchandise inventory, ending Cost of goods sold 84,000 35,000 $ 207,000 $ 130,000 $ 269,000

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