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Harvey's Junk Jewelry started business January 1 , 2 0 2 4 , and uses the LIFO retail method to estimate ending inventory. Listed below

Harvey's Junk Jewelry started business January 1,2024, and uses the LIFO retail method to estimate ending inventory. Listed below is data accumulated for the year ended December 31,2024 :
\table[[,Cost,Retail],[Beginning inventory,$15,600,$23,600
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