Question: Susan Company reported these income statement data for a 2-year period. 2021 2022 $315,000 $264,600 Sales 37,800 50,400 Beginning inventory Cost of goods purchased 217,980

 Susan Company reported these income statement data for a 2-year period.
2021 2022 $315,000 $264,600 Sales 37,800 50,400 Beginning inventory Cost of goods

Susan Company reported these income statement data for a 2-year period. 2021 2022 $315,000 $264,600 Sales 37,800 50,400 Beginning inventory Cost of goods purchased 217,980 254,520 255,780 304,920 Cost of goods available for sale 63,000 50,400 Ending inventory 241,920 205,380 Cost of goods sold Gross profit $73,080 $59,220 Susan uses a periodic inventory system. The inventories at January 1, 2021 and December 31, 2022, are correct. Your answer is partially correct Prepare correct income statement data for the 2 years 2021 2022 Sales 264600 $ 315000 Cost of Goods Sold Beginning Imventory 37800 -37800 Cost of Goods Purchased 217980 254520 Cost of Goods Available for Sale 255780 -292320 NOV11 30 MacBo ... san uses a periodic inventory system. The inventories at January 1, 2021 and December 31, 2022, are correc Your answer is partially correct. Prepare correct income statement data for the 2 years. 2022 2021 $ 315000 264600 Sales Cost of Goods Sold -37800 Beginning Inventory 37800 Cost of Goods Purchased 217980 254520 Cost of Goods Available for Sale 255780 -292320 Ending Inventory -37800 63000 Cost of Goods Sold 293580 355320 Gross Profit $ 2898 670320 eTextbook and Media eTextbook Your answer is correct. NOV 30 MacBo

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