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Clarabell Inc. uses the conventional retail method to estimate ending inventory Cost data for the most recent quarter is shown below: Beginning inventory Net purchases

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Clarabell Inc. uses the conventional retail method to estimate ending inventory Cost data for the most recent quarter is shown below: Beginning inventory Net purchases Net markups Net markdowns Net sales Cost Retail $126,000 $205,000 430,000 731,000 57,000 23,000 699,000 To the nearest thousand, estimated ending inventory using the conventional retail method is: (Do not round intermediate calculations.) Multiple Choice $134.000

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