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If Goods Available is $550,000 at cost and $1 Million at retail, and the retail value of ending inventory is $80,000, what is the estimated
If Goods Available is $550,000 at cost and $1 Million at retail, and the retail value of ending inventory is $80,000, what is the estimated cost of ending inventory?
| $44,000 | ||
| $80,000 | ||
| $88,000 | ||
| $90,000 |
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