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Question 4

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Compute the Missing Inventory Values The following information was disclosed in the 2015 annual report of The Arcadia Company.

Fill in the missing values.

	2015	2014	2013
Beginning inventory	Answer	Answer	$11,560
Purchase of inventory	45,850	Answer	42,640
Inventory available for sale	Answer	Answer	54,200
Ending inventory	Answer	9,655	Answer
Cost of goods sold	13,600	42,480	43,715