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Bayside began 2014 with an inventory T-account debit balance of $155,000. Inventory purchases during the year amounted to $75,000. There were no inventory-related write-downs or

Bayside began 2014 with an inventory T-account debit balance of $155,000. Inventory purchases during the year amounted to $75,000. There were no inventory-related write-downs or losses. What is its December 31, 2014, inventory account balance?

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