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A company's beginning inventory is $ 4 0 , 0 0 0 , net purchases total $ 4 8 2 , 0 0 0 ,

A company's beginning inventory is $40,000, net purchases total $482,000, and
net sales are $750,000. With a normal gross profit rate of 40% of sales (cost of
goods sold =60%), how much is ending inventor
y?
Ending inventory is____
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