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Current Attempt in Progress Blossom uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at cost (retail) were

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Current Attempt in Progress Blossom uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at cost (retail) were $ 388000 ($ 592000), purchases during the current year at cost (retail) were $ 2015000 ($ 3260000), freight-in on these purchases totaled $ 127000, sales during the current year totaled $ 2960000, and net markups (markdowns) were $ 70000 ($ 106000). What is the ending inventory value at cost? Hint: Round intermediate calculation to 3 decimal places, e.g. 0.635 and final answer to decimal places. $ 856000 O $552120. O $634035. O $ 575340

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