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Kingbird, Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 1 3 0 units were sold.

Kingbird, Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 130 units were sold.
\table[[Date,Explanation,Units,\table[[Unit],[Cost]],Total Cost],[May 1,Inventory,60,$13,$780
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