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Given the following information for Bonnie Bunny Company: Freight-in $ 650 Purchases 12,550 Sales returns 350 Beginning inventory 1,950 Sales 23,450 Gross profit on sales

Given the following information for Bonnie Bunny Company:

Freight-in $ 650
Purchases 12,550
Sales returns 350
Beginning inventory 1,950
Sales 23,450
Gross profit on sales 45%

Calculate ending inventory of Bonnie Bunny using the gross profit method.

$4,755

$2,060

$4,373

$2,445

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