Question: (Part Carter Company reported these income statement data for a 2-year period. 2017 2016 $250,000 $210,000 40,000 30,000 202,000 173,000 Cost of goods available for

(Part Carter Company reported these income statement data for a 2-year period. 2017 2016 $250,000 $210,000 40,000 30,000 202,000 173,000 Cost of goods available for sale 242,000 203,000 so,000 40,000 192,000 163,000 $58,000 47,000 Beginning inventory Cost of goods purchased Ending inventory Cost of goods sold Gross profit Stud() Prepare correct income statement data for the 2 years. 2016 2017

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