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i need help. please show work, thanks! QUESTION 17 King Company's last physical inventory was taken on January 2, at which time the inventory totaled

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QUESTION 17 King Company's last physical inventory was taken on January 2, at which time the inventory totaled $220,000. Net sales in the calendar year through November 19 were $600,000 and net purchases during that time were $450,000. King has consistently reported a 30% gross profit. What is both the estimated cost of goods sold and estimated ending inventory on November 19? O A $420,000 and $250,000 B. $469,000 and $201.000 C. $380,000 and $220,000 D. $150,000 and $150.000 5 E. None of the above

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