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Given is selected information from Nathaniels Service Shop's June Income Statement and Statement of Cost of Goods Manufactured: Cost of goods sold $115,000 Cost of

Given is selected information from Nathaniels Service Shop's June Income Statement and Statement of Cost of Goods Manufactured:

Cost of goods sold

$115,000

Cost of goods manufactured

$105,000

Finished goods inventory, June 30

$ 20,000

Nathaniel's Service Shop's finished goods inventory, on June 1, was:

A.

35,000

B.

20,000

C.

30,000

D.

40,000

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