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A company's beginning inventory is $160,000, its net purchases are $260,000, and its net sales total $450,000. Its normal gross profit percentage is 35% of

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A company's beginning inventory is $160,000, its net purchases are $260,000, and its net sales total $450,000. Its normal gross profit percentage is 35% of sales. Using the gross profit method, how much is ending inventory? OA. $190,000 OB. $157,500 C. $192,500 D. $127,500

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