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Problem 18-5A Inventory computation and reporting LO C4, P1 Shown here are annual financial data at December 31, 2017, taken from two different companies. etail Manufactur Beginning inventory $145, 000 Nerchandise Finished goods S280, 000 Cost of purchases Cost of goods manufactured Ending inventory 210, 000 578, 000 Merchandise Finished goods 100, 006 150, 000 Required: 1. Prepare the cost of goods sold section of the income statement at December 31, 2017, for each company in Merchandising Business and Manufacturing Business. Complete this question by entering your answers in the tabs below Prey 7 of8 Next> Cost of goods sold Mfg Business> K Prey 7 of 8Next Cost of goods sold Prev 7018 Next>