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In its first year of operations as a retailer, Sandhill Ltd. reported a gross profit of $185200, total purchases of $227300, and an ending inventory
In its first year of operations as a retailer, Sandhill Ltd. reported a gross profit of $185200, total purchases of $227300, and an ending inventory of $94700. Therefore, Sandhill's sales in its first year must have been $90500. O $317800. $322000. O $132600.
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