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please solve Last year Anderson Corporation reported a cost...

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Accounting

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Last year Anderson Corporation reported a cost of goods sold of $113.000. The company's inventory at the beginning of the year was $13,600, and its inventory at the end of the year was $22,900. The prepaid expense account increased by $3,300 between the beginning and end of the year, and the accounts payable account decreased by $5,300. Cost of goods sold adjusted to the cash basis under the direct method would be: Multiple Choice 5104,400 $121,600 $127,600 Multiple Choice $104.400 $121.600 $127,600 $125,600

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