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Big Box Store has operated with a 30% average gross profit rabo for a number of years. It had $107000 in sales during the second

Big Box Store has operated with a 30% average gross profit rabo for a number of years. It had $107000 in sales during the second quarter of this year if it began the quarter with $18,700 of ventory at cost and purchased $72.700 of inventory during the quarter its estimated ending inventory by the gross profit method is Mu Choice $6.500 $700 $29,300 $32300 $22470image text in transcribed

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