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Cost Retail Beginning Inventory $270,000 $450,000 Net purchases $720,000 $1,200,000 Freight-in. $30,000 Net Mark-ups $35,000 Net Mark-downs $15,000 Sales $1,190,000 Estimate the amount of ending

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Cost Retail Beginning Inventory $270,000 $450,000 Net purchases $720,000 $1,200,000 Freight-in. $30,000 Net Mark-ups $35,000 Net Mark-downs $15,000 Sales $1,190,000 Estimate the amount of ending inventory using the Conventional Retail inventory method 12pt Paragraph B D Question 10 1 pts Refer to the information in the problem above. Estimate the amount of ending inventory using the LIFO Retail inventory method. 12pt Paragraph B

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