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Check my work Walberg Associates, antique dealers, purchased the contents of an estate for $37,900. Terms of the purchase were FOB shipping point, and the
Check my work Walberg Associates, antique dealers, purchased the contents of an estate for $37,900. Terms of the purchase were FOB shipping point, and the cost of transporting the goods to Walberg Associates's warehouse was $1,400. Walberg Associates insured the shipment at a cost of $190. Prior to putting the goods up for sale, they cleaned and refurbished them at a cost of $530. points Determine the cost of the inventory acquired from the estate. Cost of inventory (estate's contents) eBook Hint Print References Total cost of inventory
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