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Corrigan Corporation had beginning inventory of $20,000 and ending inventory of $24,000. Its net sales were $164,000 and net purchases were $81,000. Corrigan's gross profit

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Corrigan Corporation had beginning inventory of $20,000 and ending inventory of $24,000. Its net sales were $164,000 and net purchases were $81,000. Corrigan's gross profit for the period is O A. $79,000. O B. $83,000. OC. $87,000 OD. $164,000

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