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Calculate closing book inventory at cost, given the following information: Total Merchandise Handled at Retail $102,500 Total Merchandise Handled at Cost $44,075 Closing Book Inventory

Calculate closing book inventory at cost, given the following information: Total Merchandise Handled at Retail $102,500 Total Merchandise Handled at Cost $44,075 Closing Book Inventory at Retail $41,750 $17,952.50 $19,761.50 $16,453.50 $18,607.50

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