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A sole prophetorship had the following assets and liabilities at the beginning and end of the year Beginning of the year End of the year

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A sole prophetorship had the following assets and liabilities at the beginning and end of the year Beginning of the year End of the year Assets $ 149,000 207.000 Liabiles $ 63,876 83,835 If the owner made no withdrawals during the year but did invest an additional $45,000 cash The net income earned or net loss incurred by the business during the year is the answer is a netloss, it should be indicated with a minus sign) Windows bu A company had inventory on November 1 of 5 units at a cost of $20 each On November 2. th 10 units at $22 each On November 6 they purchased 6 units at $25 each. On November 8.8. for $55 each Using the LIFO perpetual inventory method, what was the value of the inventory on Novemu Bafter the sale? O $276 O $296 O $304 O $280 O $288 Windows but C2021 McGraw-Hill Education All ENG 0) @EE ON

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