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Blue Company has the following data for the year: Beginning inventory $186,000 Net purchases $90,000 Net sales revenue $310,000 Normal gross profit rate 40% What

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Blue Company has the following data for the year: Beginning inventory $186,000 Net purchases $90,000 Net sales revenue $310,000 Normal gross profit rate 40% What is the estimated ending inventory? (Round your final answer to the nearest dollar.) O $276,000 O $152,000 $186,000 $90,000

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