Fill in the blanks in each of the following calculations with the correct amount.

Fill in the blanks in each of the following calculations with the correct amount. Use the formulas

Beginning inventory + Purchases = Goods available for sale

Goods available for sale – Cost of goods sold = Ending inventory

 

Beginning inventory

Store A

Store B

Store C

Store D

Store E

$ 80,000

 

$ 37,000

 

$42,000

Purchases

 

90,000

 

21,000

Goods available for sale

200,000

210,000

109,000

117,000

135,000

Less cost of goods sold Ending inventory

125,000

128,000

$ 23,000

30,000

74,000

 

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