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During a period, The Yarn Barn purchased 3 boxes of silk ribbon for $350, $500, and $425, and sold 2 boxes for a total of
During a period, The Yarn Barn purchased 3 boxes of silk ribbon for $350, $500, and $425, and sold 2 boxes for a total of $1,000. The company determined that gross profit for the period was $225, using the specific identification method of costing inventory. What is the value of their ending inventory?
Select answer from the options below
$350
$775
$425
$500
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