Calculate the 2022 purchases. Beginning inventory Purchases Goods available for sale Ending inventory 2021 $700,000 875,000 2022 $200,000 388,500 75,000

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Calculate the 2022 purchases.
Beginning inventory
Purchases
Goods available for sale
Ending inventory
Cost of goods sold
$0
$588,500
$188,500
$313.500
2021
$700,000
875,000
675,000
2022
$200,000
388,500
75,000
313,500
Transcribed Image Text:Calculate the 2022 purchases. Beginning inventory Purchases Goods available for sale Ending inventory Cost of goods sold $0 $588,500 $188,500 $313.500 2021 $700,000 875,000 675,000 2022 $200,000 388,500 75,000 313,500
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