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Lindt: Lindt sold inventory costing $1,500,000 for $2,000,000 during the year ended December 31, 20X1. Utilizing a perpetual inventory system, compute the gross profit generated

Lindt: Lindt sold inventory costing $1,500,000 for $2,000,000 during the year ended December 31, 20X1. Utilizing a perpetual inventory system, compute the gross profit generated from the sale for each year from 20X1 to 20X5.

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