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Blue Company has the following data for the year Beginning inventory $196,000 Net purchases $100,000 30% Net sales revenue What is the estimated ending inventory?

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Blue Company has the following data for the year Beginning inventory $196,000 Net purchases $100,000 30% Net sales revenue What is the estimated ending inventory? (Round your final answer to the nearest dollar) O A. $100,000 $280,000 Normal gross profit rate B. $212,000 O C. $296,000 O D. $196,000

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