WHO Test 2-B - Microsoft Word (Product Activation Failed) File Home Insert Page Layout Relerenices Mailings Review View A Find Cut Copy Paste Format Painter Clipboard Calibri (Body) - 11 AAA- OF 21 BIU 1 Use x x A Paragraph AaBbCcDc AaBbCcDc Aabbcc Aabbcci AaB AaBb CCI AaBbCcDa AqBbccda 1 No Spacing Heading 1 e Replace Select 1 Normal Heading 2 Title Subtitle Subtle Emp. Emphasis Change Styles Font Styles Editing 2. The Inventory of Bell department store was destroyed by a fire on September 10,2014. The following data were found in the accounting records Beginning inventory Cost of good purchased Net sales at retail Cost $ 450000 $200000 Retail $525000 $350000 $ 320000 Use the gross retail Inventory method to estimate the inventory for March 2014. (6 marks) 3. A company purchases a new machine for $99000 units of production on January 1, 2014. Its predicted useful life is 7 years or 140000 units of product and its residual value is $8000. During 2014, $20000 units of product are produced. Calculate the book value of the machine using a. Straight line method (include graphs) b. Double decline method (7 marks) EEE 100% (+ Page 2 of 3 Words: 544 English (Canada) 1 Type here to search EL O IA W 13C AO! (* ENG 08:33 23-06-2021