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Below is a T-account for inventory. Jan 1. Mar. 25 Inventory 25,000 58,000 62,000 72,000 69,000 2 Sep. 30 Apr. 24 Oct. 5 Which of

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Below is a T-account for inventory. Jan 1. Mar. 25 Inventory 25,000 58,000 62,000 72,000 69,000 2 Sep. 30 Apr. 24 Oct. 5 Which of the following statements can be TRUE? ALL of the answer choices that are given are correct. Inventory sold during the year had a cost of $131,000. The ending balance of inventory is $24,000. Beginning inventory was $25,000 and inventory purchases during the year had a cost of $130,000

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