Ending Balance for COGS when business is sold

[Siberyachka]

What do I put as an ending balance for Inventory if I sold y business in 2019. 

I have Beginning Balance 100K+Cost of Purchase 50K

Should I set my ending balance to Zero since I sold my business with inventory or should I include what's left in inventory balance before I sold my business?

[TomYoung]

You allocate some amount of sale proceeds to the inventory you sold and use $0 as your ending COGS.

[Siberyachka]

@TomYoung would you guide me where would I put inventory allocation related to the sale?

[TomYoung]

The amount allocated to the sale of inventory would included in your "Gross receipts or sales" line,  (I'm assuming Schedule C here), in the same line with all your "regular" sales before the sale of the business.