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May 3 1 , Concord Company has net sales of $ 3 7 0 , 0 0 0 and cost of goods available for sale

May 31, Concord Company has net sales of $370,000 and cost of goods available for sale of $252,500.
mpute the estimated cost of the ending inventory, assuming the gross profit rate is 35%.
stimated cost of ending inventory
$
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