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For 2020, cost of goods available for sale for Oriole Corporation was $3600000. The gross profit rate on sales was 25%. Sales for the year

For 2020, cost of goods available for sale for Oriole Corporation was $3600000. The gross profit rate on sales was 25%. Sales for the year were $3100000. What was the amount of the ending inventory? $1275000. $900000. $775000. so

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