Cash outflows for McKinney Publishing in 2020 included:. $347,000 in salaries to authors. $180,000 in fees to contracted editors. $83,000 to obtain copyrights for 15 new books. $1.3 million to purchase a new printing warehouse. $560,000 to upgrade current printing equipment. How much of these cash outflows will McKinney Enterprises expense?

Inventory by three methods; cost of goods sold the units of an item available for sale during the year were as follows: jan. 1 inventory 20 units at $1,800 may 15 purchase 31 units at $1,950 aug. 7 purchase 13 units at $2,040 nov. 20 purchase 16 units at $2,100 there are 18 units of the item in the physical inventory at december 31. determine the cost of ending inventory and the cost of goods sold by three methods, presenting your answers in the following form: round your final answers to the nearest dollar. cost inventory method ending inventory cost of goods sold a. first-in, first-out method $ $ b. last-in, first-out method $ $ c. weighted average cost method $ $