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Cost Retail March 1 Inventory $225,000 $357,600 March 131 Purchases (net) 454,245 612,750 March 131 Sales 835,000 Based on the above data, calculate the estimated

Cost Retail March 1 Inventory $225,000 $357,600 March 131 Purchases (net) 454,245 612,750 March 131 Sales 835,000 Based on the above data, calculate the estimated cost of the inventory on March 31 using the retail method.

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