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7A-9. Assume that the inventory records of SOUND SYSTEM CAR STEREO show the following information: Retail Price $214,500 185,500 250,000 Historical Cost $ 28,500 $

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7A-9. Assume that the inventory records of SOUND SYSTEM CAR STEREO show the following information: Retail Price $214,500 185,500 250,000 Historical Cost $ 28,500 $ 75,500 Beginning Inventory Net Purchases Net Sales Estimate ending inventory using the retail method

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