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Exercise 5-08 a-b (Part Level Submission) Presented below is information related to Kingbird, Inc. tor the month of lanuary 2020 Ending inventory per 12,420 23,180 57,530 10,410 15,010 108,940 Insurance expense $26,760 Renexpense perpetual records Ending inventory actually on hand Cost of goods sold Freight-out 26,060 210,670 7,100 Salaries and wages expense Sales discounts Sales retums and allowances Sales revenue