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Brief Exercise 9-10 Nash Inc. had beginning inventory of S1 2,800 at cost and $18,800 at retail. Net purchases were S 107, 152 at cost

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Brief Exercise 9-10 Nash Inc. had beginning inventory of S1 2,800 at cost and $18,800 at retail. Net purchases were S 107, 152 at cost and $161,300 at retail. Net markups were $10,300, net markdowns were 6,500, and sales revenue was $140,400. Compute ending inventory at cost using the conventional retail method. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987.) Ending inventory using the conventional retail method

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