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At the end of January of the current year, the records of Donner Company showed the following for a particular item that sold at $16

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At the end of January of the current year, the records of Donner Company showed the following for a particular item that sold at $16 per unit: nventory: average cost, id from the beginning Complete this question by entering your answers in the tabs below. Assuming the use of a periodic inventory system, prepare a partial income statement under each method of inventory: (a) average cost, (b) FIFO, (c) LIFO, and (d) specific identification. For specific identification, assume that the first sale was selected from the beginning inventory and the second sale was selected from the January 12 purchase

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