Question: (right click + open in new tab for higher resolution picture) Baker Fine Foods has beginning inventory for the year of $11,000. During the year,
(right click + open in new tab for higher resolution picture)

Baker Fine Foods has beginning inventory for the year of $11,000. During the year, Baker purchases inventory for $180,000 and ends the year with $21,000 of inventory. Baker will report cost of goods sold equal to: $201,000. $130,000. $190,000 $170,000
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