Excerpts from Huckabee Company's December 31, 2018 and 2017, financial statements are presented below: 2018 2017 Accounts receivable $ 97,000 $ 89,000 Merchandise inventory 75,000 89,000 Net sales 417,000 389,000 Cost of goods sold 257,000 237,000
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Tablets Company had the following information at December 31:Finished goods inventory, January 1 $ 30,000Finished goods inventory, December 31 90,000If the cost of goods manufactured during the year amounted to $1,260,000 and annualsales were
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