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1. A business has sales of $340,000, net income of $100,000, beginning inventory of $70,000, net purchases of $220,000, and operating expenses of $120,000. What

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1. A business has sales of $340,000, net income of $100,000, beginning inventory of $70,000, net purchases of $220,000, and operating expenses of $120,000. What is the value of ending inventory for this business? A. $100,000 $120,000 $150,000 $170,000 ABCD B. C. D

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