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Homework: Chapter 6 - LO 5 Save Score: 0 of 5 pts 3 of 3 (0 complete HW Score: 0% 0 of 15 pts Starter

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Homework: Chapter 6 - LO 5 Save Score: 0 of 5 pts 3 of 3 (0 complete HW Score: 0% 0 of 15 pts Starter 6-15 (similar to) Question Help Afire wiped out Pindar Paper Company's Inventory. The insurance company wil accept an estimate using the retail method. Last year's balance sheet stated that the ending inventory was $13.000 and I would usually soil for $39.000. Mr. Pichas knows that the cost of purchases was $150.000 and the retail selling prions for the paper totalied $293.000. Credit card roonipts indicate that there was $244,000 of sales since the beginning of the your calculate the cost of the standing inventory for the insurance company (Round the retail ratio to two decimal places and the final answer to the nearest dollar) The lost ending inventory is Enter your answer in the answer box and then click Chock Answer 7 All parts showing Clear All Check Am

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