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43 Marked out of 1.00 Used Cars Company uses the specific identification method of costing inventory. During March, the Company purchased three cars for $5,000,
43 Marked out of 1.00 Used Cars Company uses the specific identification method of costing inventory. During March, the Company purchased three cars for $5,000, $6,000, and $8,000, respectively. During March, two cars are sold for $8,500 each. The Company determines that at March 31, the $8,000 car is still on hand. What is the Company's gross profit for ?March .a $6,000 .b $9,000 . $4,000 .d $3,000
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