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6. ABC's records reflect sales of $150,000 and a cost of goods available for sale of $135,000. If the gross profit rate on sales is

6. ABC's records reflect sales of $150,000 and a cost of goods available for sale of $135,000. If the gross profit rate on sales is 30%, the estimated cost of ending inventory under the gross profit method is Select one:

a. $15,000

b. $45,000

c. $75,000

d. $30,000

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