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28.For the month ended January 31, Ponzi Plastic Co. had net sales of $100,000, total goods available for sale of $70,000, and an estimated gross
28.For the month ended January 31, Ponzi Plastic Co. had net sales of $100,000, total goods available for sale of $70,000, and an estimated gross profit percentage of 40%.Ponzi's estimated inventory at the end of January is:
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