Exercise 6-8 (Part Level Submission) Seles Hardware Limited reported the following amounts for its cost of goods sold and merchandise inventory: 2015 2014 Cost of goods sold $169,570 $154,730 ,respectively .Ending inventory 38,360 31,240 respectively Seles made two errors: (1) ending inventory for 2015 was overstated by $3,080 and (2) ending inventory for 2014 was understated by $6,589. Collapse question part (a) Partially correct answer. Your answer is partially correct. Try again. Calculate the correct ending inventory and cost of goods sold amounts for each year. 2014 2015 Ending inventory $Entry field with correct answer 37829 $Entry field with correct answer 35280 Cost of goods sold $Entry field with incorrect answer 161319 $Entry field with incorrect answer 166490 Click if you would like to Show Work for this question: Open Show Work

Exercise 6-8 (Part Level Submission) Seles Hardware Limited reported the following amounts for its cost of goods sold and merchandise inventory: 2015 2014 Cost of goods sold $169,570 $154,730 Ending inventory 38,360 31,240 Seles made two errors: (1) ending inventory for 2015 was overstated by $3,080 and (2) ending inventory for 2014 was understated by $6,589. Collapse question part (a) Partially correct answer. Your answer is partially correct. Try again. Calculate the correct ending inventory and cost of goods sold amounts for each year. 2014 2015 Ending inventory $Entry field with correct answer 37829 $Entry field with correct answer 35280 Cost of goods sold $Entry field with incorrect answer 161319 $Entry field with incorrect answer 166490 Click if you would like to Show Work for this question: Open Show Work

Exercise 6-8 (Part Level Submission) Seles Hardware Limited reported the following amounts for its cost of goods sold and merchandise inventory: 2015 2014 Cost of goods sold $169,570 $154,730 Ending inventory 38,360 31,240 Seles made two errors: (1) ending inventory for 2015 was overstated by $3,080 and (2) ending inventory for 2014 was understated by $6,589. Collapse question part (a) Partially correct answer. Your answer is partially correct. Try again. Calculate the correct ending inventory and cost of goods sold amounts for each year. 2014 2015 Ending inventory $Entry field with correct answer 37829 $Entry field with correct answer 35280 Cost of goods sold $Entry field with incorrect answer 161319 $Entry field with incorrect answer 166490 Click if you would like to Show Work for this question: Open Show Work