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Apply the Retail Inventory Method to calculate the cost of ending inventory: cost retail Beginning inventory.........................$20,224 $31,600 Net Purchases.................................$59,508 $97,000 Sales................................................ ? $89,000

Apply the Retail Inventory Method to calculate the cost of ending inventory:

cost retail

Beginning inventory.........................$20,224 $31,600

Net Purchases.................................$59,508 $97,000

Sales................................................ ? $89,000

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