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A company's beginning inventory is $100,000, its net purchases are $260,000, and its net sales total $460,000. Its normal gross profit percentage is 30% of

A company's beginning inventory is $100,000, its net purchases are $260,000, and its net sales total $460,000. Its normal gross profit percentage is 30% of sales. Using the gross profit method, how much is ending inventory? O A. $200,000 OB. $38,000 OC. $162,000 OD. $138,000

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