Headland enterprises reported cost of goods sold for 2017 of $1,299,500 and retained earnings of $5,405,900 at december 31, 2017. headland later discovered that its ending inventories at december 31, 2016 and 2017, were overstated by $120,230 and $32,640, respectively. determine the corrected amounts for 2017 cost of goods sold and december 31, 2017, retained earnings.

a

explanation:

answerpurchase-occasion segmentation;

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.