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In 2017, Dakota Company had net sales (at retail) of $134,000. At Cost At Retail Beginning inventory $ 32,300 $ 64,600 Cost of goods purchased
In 2017, Dakota Company had net sales (at retail) of $134,000. At Cost At Retail Beginning inventory $ 32,300 $ 64,600 Cost of goods purchased 64,106 98,800 The above additional information is available from its records at the end of 2017. Use the retail inventory method to estimate Dakota's 2017 ending inventory at cost.
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