Question: Please show the final answer for each tab and please be organised. I need the answer in 1 hour maximum please. Not more that that.

Next Page Question 3 Page 3 of 9 On January 1st, 2020 Elle Inc's inventory was $55,000. During the year, Elle Inc purchased inventory conting $150,000. Freight costs for this the inventory purchased totalled 95000. Of this purchased inventory S50,000 was returned to the supplier and a 1% discount was taken on the remaining amount Note: provide all answers with no dollar signs, commas, periods or spaces Question 24 (1 point) Blank #1: What was the goods available for sale during the year? Question 25 (1 point) Blank #2: If the ending balance in the inventory account on December 31" was $20,000, what would the cost of goods sold be? Question 25 (1 point) Blank #2: If the ending balance in the inventory account on December 31" was $20,000, what would the cost of goods sold be? Question 26 (1 point) Blank#3: Disregard your answer in Blank #2. If instead, the ending balance in the cost of goods sold was S127,000 what would the ending balance in the inventory account on December 31" be? Page 3 of 9
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