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Crane Company had a gross profit of $560000, total purchases of $768000, and an ending inventory of $432000 in its first year of operntions as

Crane Company had a gross profit of $560000, total purchases of $768000, and an ending inventory of $432000 in its first year of operntions as a retaller, Crane's sales in its first year were 5896000 . $1024000. $336000. $992000

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