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Assume a company had an ending inventory of $124,000 on December 31, 2012. The accounting data for 2013 is available in the Microsoft Excel Online

Assume a company had an ending inventory of $124,000 on December 31, 2012. The accounting data for 2013 is available in the Microsoft Excel Online file linked below. Access the spreadsheet and conduct the necessary analysis to answer the following questions.

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