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1 2 Data below for the year ended December 3 1 , 2 0 2 4 , relates to Houdini Incorporated. Houdini started business January

12 Data below for the year ended December 31,2024, relates to Houdini Incorporated. Houdini started business January 1,2024, and uses the LIFO retail method to estimate ending inventory.
\table[[Beginning inventory,Cost,Retail],[Net purchases,36,000,$109,000
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