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BURCES 021) Question 17 Determine the ending inventory under the conventional retail method for the furniture department of Cheyenne Department Stores from the following data.
BURCES 021) Question 17 Determine the ending inventory under the conventional retail method for the furniture department of Cheyenne Department Stores from the following data. (R. places, e.g. 15.25% and final answer to 0 decimal places, e.g. 5,125.) Cost Retail Inventory, Jan. 1 $143,300 $289,100 Purchases 1,400,100 2,171,700 Freight-in 69,200 Markups, net 88,100 Markdowns, net 48,700 Sales revenue 2,115,700 Study Ending inventory Show Work is REQUIRED for this question: Open Show Work Question Attempts
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