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Grandma Kate Bakery reported sales revenue of $52,000 and cost of goods sold of $22,000. What is the bakery's gross profit if its ending inventory
Grandma Kate Bakery reported sales revenue of $52,000 and cost of goods sold of $22,000. What is the bakery's gross profit if its ending inventory is overstated by $6,000? _____
$36,000
$30,000
$27,000
$24,000
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