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For each of the following cases determine the ending balance in the inventory account. (Hint: First, determine the total cost of inventory available for sale.

For each of the following cases determine the ending balance in the inventory account. (Hint: First, determine the total cost of inventory available for sale. Next, subtract the cost of the inventory sold to arrive at the ending balance.) Required - Jills Dress Shop had a beginning balance in its inventory account of $49,000. During the accounting period, Jills purchased $102,000 of inventory, returned $6,800 of inventory, and obtained $930 of purchases discounts. Jills incurred $1,360 of transportation

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