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Beginning inventory was $3,000, purchases totaled $20,000 and sales were $17,000. What is the ending inventory? Assume gross profit is $0. (PLEASE PROVIDE DETAILS WITH

Beginning inventory was $3,000, purchases totaled $20,000 and sales were $17,000. What is the ending inventory? Assume gross profit is $0. (PLEASE PROVIDE DETAILS WITH RESPONSE)

A.

$2,000

B.

$8,000

C.

$6,000

D.

$4,000

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