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18 A company has goods available for sale during a period at cost of $50000 and at retail of $80000. If sales during the period

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18 A company has goods available for sale during a period at cost of $50000 and at retail of $80000. If sales during the period amounted to $70000, an estimate of the ending inventory at cost at the end of the period under the relail method is O $18750. O $10000 O $6250 $26250

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