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Basil Industries reported the following information for December: What was the ending balance in Basil's Raw Materials Inventory account? $75,000 $162, 500 $118, 750 $206,

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Basil Industries reported the following information for December: What was the ending balance in Basil's Raw Materials Inventory account? $75,000 $162, 500 $118, 750 $206, 250

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