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A fire destroyed the inventory of Barber Company. The following information is available: Beginning Inventory dollar 50, 000 Purchases dollar 170, 000 Net Sales Revenue

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A fire destroyed the inventory of Barber Company. The following information is available: Beginning Inventory dollar 50, 000 Purchases dollar 170, 000 Net Sales Revenue dollar 200, 000 Gross Profit Percentage 30 percentage Prepare a schedule to compute the amount of inventory lost in the fire

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