Question: Question 21 Cost You own a store. Beginning inventory on January 1 was $4,000. Ending inventory on December 31 was $4,500. You was $46,000. Selling,

Question 21 Cost You own a store. Beginning inventory on January 1 was $4,000. Ending inventory on December 31 was $4,500. You was $46,000. Selling, general, and administrative (SGAA) costs for the year were $3,000 a) Compute the cost of goods sold (COGS) for the year statement for the year. purchased $25,000 of new merchandise during the year. Sales revenue for the

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