Calculate kevins cost of goods sold for the year

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Reference no: EM131047229

Kevin owns a retail store, and during the current year he purchased $610,000 worth of inventory. Kevin’s beginning inventory was $67,000, and his ending inventory is $77,200. During the year, Kevin withdrew $1,780 in inventory for his personal use. Use Part III of Schedule C below to calculate Kevin’s cost of goods sold for the year.

Reference no: EM131047229

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Calculate kevins cost of goods sold for the year : Kevin owns a retail store, and during the current year he purchased $610,000 worth of inventory. Kevin’s beginning inventory was $67,000, and his ending inventory is $77,200. During the year, Kevin withdrew $1,780 in inventory for his personal use. U..

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