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Lauer Corporation uses the periodic inventory system and has provided the following information about one of its laptop computers: During the year, Lauer sold 975

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Lauer Corporation uses the periodic inventory system and has provided the following information about one of its laptop computers: During the year, Lauer sold 975 laptop computers. What was ending inventory using the LIFO cost flow assumption? $124, 600. $144, 600. $159, 600. $159, 100

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