Construct a balance sheet from the following information.
Definitions:
Inventory Carrying Costs
The expenses related to storing unsold goods, including warehousing, insurance, depreciation, and opportunity costs.
Purchasing Costs
The total expenses incurred in buying goods or services, including the price of the product, taxes, shipping, and handling fees.
Stockouts
The situation that occurs when an item is not in stock and cannot be sold to a customer, often leading to lost sales and customer dissatisfaction.
Push-Pull Strategy
A promotional strategy combining both push tactics (direct selling to customers) and pull tactics (attracting customers via advertising) to drive product demand.
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