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Digital Forces
Selected Data from the Financial Statements for Digital

Question 100

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Digital Forces
Selected data from the financial statements for Digital Forces is presented below.
 Net sales-2017 $200,000 Cost of sal es-2017 136,000 Selling and Administrative Expenses-2017 63,000 Other operating Expenses-2017 600 Income taxes-2017 3,000 Inventories-December 31,2016 11,000 Inventories-December 31,2017 13,000 Retained Earnings-December 31,2017 39,000\begin{array} { l r } \text { Net sales-2017 } & \$ 200,000 \\\text { Cost of sal es-2017 } & 136,000 \\\text { Selling and Administrative Expenses-2017 } & 63,000 \\\text { Other operating Expenses-2017 } & 600 \\\text { Income taxes-2017 } & 3,000 \\\text { Inventories-December 31,2016 } & 11,000 \\\text { Inventories-December 31,2017 } & 13,000 \\\text { Retained Earnings-December 31,2017 } & 39,000\end{array}
-Refer to the financial statement information for Digital Forces.
Determine the dollar amount of cost of goods purchased for Digital Forces for 2017.

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$136,000 (Cost of sales-2017)+...

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