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g O A $698,175 OB. $584,685 C. $587,315 OD. $598,685 Let It Snow Corp. (L.SC) is a retailer of ski and snowboard equipment. You have

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g O A $698,175 OB. $584,685 C. $587,315 OD. $598,685 Let It Snow Corp. (L.SC) is a retailer of ski and snowboard equipment. You have been asked to estimate the company's closing inventory at April 30, 20X9, to validate the accuracy of the year-end Inventory count. Pertinent details for fiscal 20x9 folow Cost Retail Gross sales $1,685,000 Sales returns and allowances $30,000 Freight out $14,000 Beginning inventory $220,000 $411,000 Purchases $975.000 $1,834,000 Purchase returns $23,000 $36.000 Historically, LSC has averaged a 64.50% gross margin. LSC rounds all porcentages to two decimal places (for example, 31.47%) Assume that LSC uses the gross profit method to estimate its closing inventory. Based on this estimate, what amount Will LSC report as cost of goods sold expense on its statement of comprehensive income for the year ended April 30, 20X9

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