(Answered) Question -1 the ending inventory of sag harbor co is 46000

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1) The ending inventory of Sag Harbor Co. is $46,000. If beginning inventory was $70,000 and goods available totaled $115,000, the cost of goods sold is ___________.

2) Bell Company had cost of goods sold of $160,000. The beginning and ending inventories were $8,000 and $23,000, respectively. Purchases for the period must have been __________.

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