New purchases of goods 83000 on the basis of this


Question - The following accounting information was taken from the book of Sadighian, Inc. for the fiscal year 2010:

Selected 2010 Accounting Data

Beginning inventory $35,000

Ending inventory $23,000

Other Operating Expenses $22,000

New purchases of goods $83,000

Income Taxes $10,000

Net Income $27,400

Gain on sale of PP&E $6,000

Cash Dividend $12,000

Depreciation $10,000

New Short Term Debt $20,000

New Long Term Debt $50,000

Interest Expense $10,000

On the basis of this information, compute the total sales for fiscal year 2010.

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Accounting Basics: New purchases of goods 83000 on the basis of this
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