accounting queston 1

Accounting
Tutor: None Selected Time limit: 1 Day

i am stuck on the following problem. here is a pic of the problem

http://imgur.com/oYcAr5K

please include all work/how you got the answer

thanks in advance

Feb 15th, 2015

BI = 1150, EI = 1455

 COGS = 3950

1150 (beginning inventory) - 3950 (cogs) = -2800

-2800 + x = 1455 (ending inventory), let x = inventory bought

Add 2800 + 1455 = $5255


Feb 15th, 2015

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Feb 15th, 2015
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