Cullumber Company has the following cost and net realizable value data at December 31, 2021:...
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Cullumber Company has the following cost and net realizable value data at December 31, 2021: Inventory Categories Personal computers Servers Total solution printers Cost $25,000 19,000 10,000 Net Realizable Value $21,500 19,500 8,900 Cullumber's cost of goods sold for 2021 was $419,100. What is the correct ending inventory that should be reported on the balance sheet on December 31, 2021? Correct ending inventory $ What is the correct cost of goods sold that should be reported on the income statement for the year ended December 31, 2021? Correct cost of goods sold $
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