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A general fund uses the consumption method to record inventories. Beginning inventories are $10,000, purchases are $600,000, and ending inventories are $12,000. The general fund
A general fund uses the consumption method to record inventories. Beginning inventories are $10,000, purchases are $600,000, and ending inventories are $12,000. The general fund will report inventory expenditures of:
Select one:
A. $600,000
B. $598,000
C. $602,000
D. $612,000
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