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Ivanhoe inc's net sales and gross profit were $338600 and $116950 respectively. Assuming the cost of goods available for sale were $274900, what was the

Ivanhoe inc's net sales and gross profit were $338600 and $116950 respectively. Assuming the cost of goods available for sale were $274900, what was the cost value of the ending inventory? $63700 $221650 $116950 $53250

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