Company January 1 2016 finished goods inventory was $90,000. The January 1 2017 finished goods inventory is $70,000.
A Company January 1 2016 finished goods inventory was $90,000. The January 1 2017 finished goods inventory is
$70,000. Cost of goods manufactured for the FY 2016 was $250,000. What is the dollar amount of the FY2016 cost of goods sold?