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Lolita Company has the followinginformation: Beginning Inventory . $190,000 Net Purchases $400,000 Net Sales $770,000 Gross Profit Percentage 30% LolitaCompany's estimated ending inventoryis: (Round your

Lolita Company has the followinginformation:

Beginning Inventory . $190,000

Net Purchases $400,000

Net Sales $770,000

Gross Profit Percentage 30%

LolitaCompany's estimated ending inventoryis: (Round your final answer to the nearestdollar.)

A.$539,000.

B.$590,000.

C.$51,000.

D.$359,000.

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