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a Crane Company had January 1 inventory of $290000 when it adopted dollar-value LIFO. During the year, purchases were $1700000 and sales were $2900000. December

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a Crane Company had January 1 inventory of $290000 when it adopted dollar-value LIFO. During the year, purchases were $1700000 and sales were $2900000. December 31 inventory at year-end prices was $418000, and the price index was 110. Question Multiple Choi Question Multiple Choic What is Crane Company's gross profit? Question 9 Multiple Choice O $1299000. O $2511000. O $1328000. O $1148000 Question 10 Multiple Choice Viewing Que

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