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Carla Vista Inc. uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at cost (retail) were $388500 ($589000),

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Carla Vista Inc. uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at cost (retail) were $388500 ($589000), purchases during the current year at cost (retail) were $3308000 ($5093600), freight-in on these purchases totaled $154500, sales during the current year totaled $4566000, and net markups were $409000. What is the ending inventory value at cost? Hint: Round intermediate calculation to 3 decimal places, e.g. 0.635 and final answer to 0 decimal places. $1061823 $964179. $1525600 $803335

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