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B began business 3 / 1 5 with a cash investment of 2 5 0 0 0 , The records show: Sales for the balance

B began business 3/15 with a cash investment of 25000, The records show: Sales for the balance of the year 56000, accounts receivable 12/3130000, accounts payable 12/3120000, inventory 12/3124000 Gross profit mark-up on selling price 25%, the total cost of merchandise purchased during the year was? In the problem, the cash balance on 12/31 was?

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